Indiana

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.

The deal refunds bonds issued for projects at its Whiting, Indiana, refinery.

The health system is coming to market Tuesday with a $637 million new money and refunding sale.

Bids opened Thursday for construction of a new downtown Terre Haute Convention Center appear to be below an overall project estimate.

Karen Freeman-Wilson says without the bond deal to leverage the city's public safety building, Gary will end the fiscal year $42.5 million in the red.

Rating criteria changes and a ruling in the Puerto Rico III case have undermined some investors' and analysts' confidence in revenue pledges.

Cris Johnston will replace Micah Vincent, who is leaving the position for the private sector.

The one-time cash infusion would go toward the unfunded liability of the Teachers' Retirement Fund ‘96 — the defined benefit plan for teachers hired after June 30, 1995.

Gary Community School Corp. in Indiana wants to test its access to the bond market with a $5 million bond refunding.

The number of states aiding school districts with pension costs is expected to grow as pension burdens escalate.

Jason Dudich will join the University of Indianapolis at the end of May as vice president, chief financial officer and treasurer.

The deal received $3 billion in orders, allowing the finance team to trim yields.

Indianapolis and Marion County have tapped a new revenue pledge to back more than $600 million of bonds

With a mere $2.4 billion of municipal new issuance this week, investors will face stiff competition for paper.

Refunding volume in the Midwest was down 57% in 2018, while new money deals rose just 1.8%, leaving the region down more than 28%.