Michigan

Pending legislation seeks to block governor’s $3.5B bond-funded road fix.

Moody's Investors Service revised the outlook on Hurley Medical Center's Ba1 rating to positive from stable ahead of a $52 million sale.

Moody's Investors Service revised its outlook on Detroit's general obligation bonds to positive from stable and affirmed its junk Ba3 rating.

Covenant's issuing tax-exempt debt to retire some variable-rate, term loan bank debt and taxable bonds to fund construction of a rehabilitation facility.

Taxable refundings caught on in the Midwest as they did elsewhere in the nation, helping the region post a 19% volume gain.

Michigan state officials say low interest rates make a compelling case for issuing bonds to fix roads.

Two veteran Chicago-based public finance attorneys — Lance Tyson and Glenn Weinstein — are joining Miller Canfield's team.

The state would issue the state trunkline fund bonds over the next four years to add and expand 122 major new projects.

Hughey Newsome resigned as Flint's chief financial officer saying he was treated poorly by members of the city council.

The city, only recently released from state oversight, is facing more fiscal challenges.

For the next fiscal year, which begins Oct. 1 , the general fund is projected to have $235 million more than estimates made last May, bringing the total to $11.2 billion.

If regulatory agencies approve the transaction, the acquisition will expand Beaumont's hospital count to 12 and increase total revenue to $6.1 billion.

CFO Dave Massaron said the city is mindful of a potential downturn as it navigates its fiscal recovery from bankruptcy.

Ann Arbor Public Schools, which recently won $1 billion of new money authorization, will price $55 million of taxable bonds.

Democrat Gretchen Whitmer will sign a supplemental bill restoring more than half of the funding she vetoed in a policy dispute with the GOP-led legislature.

The Lansing Board of Water and Light will sell $252 million to refund bonds it issued in 2011.

Michigan lawmakers are weighing bonds as an option for regional transit in the Detroit area.

The county's recovery plan improved its structural balance and long-term liability profile, Fitch Ratings said in support of its two-notch rating boost.

The hospital system will price up to $1.7 billion of bonds this week, of which up to $1.4 billion would be taxable.

The university now has a stable Moody's outlook as the financial impact of the Larry Nasser sex abuse scandal becomes clearer.