Ohio

Ohio became the latest bond issuer to suspend doing business with Wells Fargo & Co. over its phony accounts scandal.

Cincinnati Earns Upgrade Ahead of Sale

A Michigan-based senior housing developer and operator is borrowing $69.3 million of unrated tax exempt and taxable bonds to finance projects in Waterville, Ohio, and Chesterton, Ind.

Ohio-based American Municipal Power Inc. received a one-notch upgrade from Moody’s Investors Service as it prepares to come to market with a $206 million issue that includes designated “green” bonds.

Southwest Ohio’s largest healthcare provider capitalized on the low interest rate environment last week to save on the debt of four hospitals it now operates as one obligated group.

East Cleveland’s plan to avert bankruptcy by merging with neighbor Cleveland is back to the drawing board after terms were rejected by the Cleveland City Council.

The issuers of the Midwest sold $41 billion of municipal bonds in the first half of 2016, spurred by increased new money issuance, according to Thomson Reuters data.

Fitch Ratings lowered the issuer default ratings on four Ohio school districts after a review under new criteria.

Hamilton County, Ohio, expects about $60 million in savings when it refunds sales tax bonds that helped finance two professional sports stadium.

Four Ohio Congressmen are concerned that the Internal Revenue Service and Treasury Department's proposed definition of a political subdivision could impede a $35 million terminal improvement project for one of the state's regional airports.