Michigan

The United Methodist Retirement Communities' $18 million sale follows a one notch downgrade by Fitch Ratings to BBB.

First-year Democratic governor Gretchen Whitmer faces opposition from the GOP-controlled legislature.

The city announced that it has acquired 200 acres of land as part of its deal to land a new assembly plant.

Allen Park's competitive bond sale came after the city's general obligation rating was raised to A-plus from BBB-plus by S&P Global Ratings.

Chief Financial Officer Dave Massaron said Detroit will work with Public Resources Advisory Group to build more robust investor relations as it looks to build out its debt model.

Detroit Public Schools Community District has substantial capital needs but its ability to fund them is constrained.

When Zumbrota-Mazeppa voters go to the polls May 14 to cast their ballots on a $49.95 million construction bond referendum, they won't be voting on anything fancy.

The veteran-majority owned firm has hired its first banker — Chicago-based Frank Paul.

The hospital system will sell $250 million of bonds using the Michigan Finance Authority as conduit.

Detroit approved its first budget after leaving state oversight and city officials say they will get its ratings back to investment grade.

Detroit CFO says it's on track to exit state oversight without the need for legislative actions.

It's the first such deal in four years for the authority.

Developments in Detroit's auto industry give the city an edge over other Midwest cities, according to Moody's Investors Service

Gretchen Whitmer's first budget proposal would also provide a tax break for pension and retirement income.

Huron Schools is seeking voter passage of a $49,075,000 bond issue request for 30 years on May 7.

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%.

Gov. Gretchen Whitmer had a lot to say about what she wants to do but no details on how to pay for it.

Michigan State sold taxable bonds to finance a legal settlement in the Larry Nassar sexual abuse cases.

At BB-minus, the city remains three notches below investment grade. A changed rating methodology for priority-lien revenue debt also pushed $430 million of bonds to speculative grade.

The University of Michigan plans to sell $225 million of bonds that will include taxable and tax-exempt debt, with bonds structured with a put option in the mix.