Indiana

The University of Notre Dame is selling $400 million of Aaa-rated taxable bonds this week to refund hedged variable-rate bonds and raise money for the largest building project in the university's history, centered on its iconic football stadium.

Hoosier Gov. Mike Pence proposed a $31 billion, two-year spending plan that includes $700 million in capital projects that would be funded entirely with cash.

Indiana lawmakers returning to work this week will tackle the state's school funding formula, as well as other issues, during the new budget session.

The city of Hammond, Ind. is selling $36.2 million of junk-rated, moral obligation bonds this week backed by payments from a water supply contract with a Chicago suburb that is looking to exit the agreement.

Indianapolis Mayor Greg Ballard said the city has tapped an international consortium led by Meridiam Infrastructure and Walsh Investors LLC to partner on a $400 million new criminal justice center that will the largest public-private project of its kind in the U.S.

The federal government has given Illinois and Indiana the go ahead to advance plans for a more than $1 billion bistate toll road both states hope to build with financing from a public-private partnership.

Indiana University is selling $56 million of so-called green bonds Wednesday, the second public university to tap into the young market.

At least two northwest Indiana counties put together a preliminary bid on the bankrupt Indiana Toll Road that's expected to be at least $4 billion, while three other counties opted out of the proposal.

The Gary/Chicago International Airport, located in struggling Gary, Ind., is making its first bond market appearance this week with the sale of $30 million of tax increment-backed bonds.

A group of northwest Indiana counties is eyeing a bid for a 75-year lease of the Indiana Toll Road that would be financed with more than $4 billion of tax-exempt revenue bonds.

For the fourth time, Posey County, Ind. is remarketing $1.26 billion of short-term notes to raise funds for a controversial $2.5 billion fertilizer plant.

Midwestern voters head to the polls Tuesday to decide the fate of a handful of finance-related ballot questions and the leadership of eight states, including several where debate over fiscal pressures is taking center stage.

A proposed $3 billion rapid passenger rail system in the Midwest would cut the five-hour train trip between Chicago to Detroit by almost two hours.

The operator of the Indiana Toll Road won federal court approval for a bankruptcy plan that will either sell its 75-year lease of the highway or restructure the company with $2.75 billion of new debt.

The Internal Revenue Service is auditing economic development revenue bonds issued by St. Joseph County, Ind. in 2007 for Saint Mary's College.

Indianapolis Mayor Greg Ballard is embarking on his third major public-private partnership, to build a new criminal justice center that would mark the largest social-infrastructure P3 structured with availability payments to date.

The bankruptcy of the private operator who runs the Indiana Toll Road is not expected to affect the triple-A rated state’s credit, Moody's Investors Service said Friday.

Indiana officials assured Hoosiers that the bankruptcy of the private operator of the Indiana Toll Road would not hurt the state, but one analyst warned that "aggressive" toll rates in the original lease could spell long-term problems.

Indiana officials are watching closely as the private firm that operates the Indiana Toll Road under a historic $3.8 billion 75-year agreement reportedly teeters on the edge of bankruptcy and considers a sale of the lease.

Two-term Indiana Treasurer Richard Mourdock resigned four months before the end of his term, prompting Gov. Mike Pence to appoint long-time public finance figure Dan Huge as interim replacement.