Indiana

Indiana Secondary Market for Education Loans, Inc. entered into a voluntary closing agreement with the Internal Revenue Service over $221.65 million of student loan bonds issued from 2001 through 2004. Under the agreement, the issuer made a payment to the IRS and redeemed all outstanding bonds.

Kentucky and Indiana officials set the base toll rates that drivers will pay on the $2.6 billion Ohio River Bridges Project at a special meeting Sept. 11.

A panel Thursday postponed setting tolls for the Kentucky, Indiana Ohio River Bridges Project, and the delay could affect Kentucky’s bond sale later this year.

The airport in Gary, Ind. received 10 responses from firms interested in privatizing the facility and surrounding land that stretches to Lake Michigan.

Indianapolis plans to borrow $135 million to finance a citywide infrastructure campaign through 2016, Mayor Greg Ballard announced last week.

The Louisville region is well on track toward reaching post-recession highs in employment, says the Louisville, Ky., office of the St. Louis Federal Reserve Bank.

Rising interest rates and lagging economic growth sidelined borrowers in the Midwest where issuance dipped by 12% to $34 billion during the first half of 2013 compared to the same time last year.

Indiana last week announced a shortlist of four firms that will compete for a chance to partner with the state on a $400 million interstate highway project.

The Indiana Attorney General last week said he would not investigate the controversial $4.5 billion bond-financed Prairie State Energy Campus located in southern Illinois.

Indiana Gov. Mike Pence this week tapped the director of the Hoosier Lottery to serve as the new chief of the Indiana Department of Transportation.

The Pakistan-based company that last week sold $1.3 billion of notes for a controversial fertilizer plant in Indiana expects to head back to the market with the long-term financing in the first quarter of 2014.

Indiana Gov. Mike Pence has named Brian Bailey as the state's new budget director, replacing Chris Atkins who will become director of the Office of Management and Budget.

The Gary/Chicago International Airport Authority is on a fast-track to privatize the airport and surrounding land to help revitalize the struggling city of Gary and position the facility as Chicago's third regional airport.

Moody's Investors Service revised its outlook to negative on the NCAA, warning that litigation tied to the growing public debate over the treatment of student-athletes pose risks to the agency's operations.

Illinois Gov. Pat Quinn and Indiana Gov. Mike Pence opened a forum aimed at luring private contractor and investment interest in a proposed $1.3 billion expressway linking the two states.

Posey County, Ind. will bring nearly $1.3 billion of short-term refunding debt to market for a controversial fertilizer plant after the state dropped its support.

After Indiana dropped support for a controversial $1.8 billion fertilizer plant, Posey County in Indiana said it would act as conduit issuer for bonds to help the Pakistani-based company close the deal.

Indiana Thursday put out a request for qualifications seeking developers interested in a $400 million project to rebuild a section of I-69, the latest in a series of P3s that state officials say make them a leader in the sector.

Indiana Gov. Mike Pence said he is pulling state support for a $1.8 billion fertilizer plant amid political concerns, but the plant's owners said they still hope to build the facility.

Gov. Mike Pence last week signed into law a measure that will allow the Indiana Motor Speedway to issue $100 million of bonds backed by a new state credit.