Indiana

A deal this week will refinance Indiana Finance Authority lease appropriation bonds issued in 2008 for a convention center expansion project.

Mayor Karen Freeman-Wilson said the city is forging ahead with the transaction to raise money to help pay its bills.

Saint Mary's College, a sister school to the University of Notre Dame, will sell $27 million of new money bonds and $15 million to refund debt.

IFA is restating its current bond trust indenture as it finalizes a drawdown loan of up to $436 million provided under WIFIA.

The firm hired Damian Maggos in Indianapolis and Matthew Ruess in Crown Point.

Municipal bond issuers in the Midwest recorded a healthy year-over-year volume gain, in contrast to flat nationwide numbers.

The fixed-rate bonds refund more than 50% of the Indianapolis Airport Authority’s floating rate bonds and terminate associated interest rate swaps.

The deal through the Indianapolis Local Public Improvement Bond Bank will refund floating-rate debt issued in 2010 to a fixed rate.

Eric Holcomb said paying cash for projects would save the state $100 million in interest costs.

Goshen Health is structuring roughly $25 million of the bonds with a mandatory tender and $45 million more as fixed-rate bonds.