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.

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.