Ohio

MetroHealth in Cuyahoga County, Ohio is eyeing more than $1 billion of borrowing to finance a plan to transform its current campus.

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.

Columbus enters the market Thursday with $481 million of high-grade paper to fund capital projects as it prepares to go to voters this November for new bonding authority to keep pace with capital needs.

Pittsburgh-based PNC Capital Markets has hired veteran Ohio-based banker Mark Fisher to lead its efforts there as it eyes further expansion and amplifies it pitch on bank products available to municipal clients.

The Port of Greater Cincinnati Development Authority is planning a post-July 4, $57 million bond offering that will be used finance the construction of a 239 room upper upscale hotel and conference center at the Madison Center development that is located 7 miles outside downtown Cincinnati.

Locke Lord LLP is pushing into Ohio with the opening of an office in Cincinnati as part of an expansion of its public finance practice in the Midwest.

Columbus, Ohio selected as national testing ground for smart transportation technology.

Ohio-based Mercy Health’s ailing collections process and the winding down of its affiliated insurance company – both of which have cut into operating profits -- drove Fitch Ratings to revise the system’s outlook to negative

Moody's Investors Service downgraded Mercy Health, Ohio's largest not-for-profit healthcare system, to A2 from A1

Smaller Ohio governments would enjoy easier bond market access at lower costs through a state bond bank, say supporters of legislation that is advancing in the state legislature.

Four port authorities and a wholesale electricity provider are warning that rules proposed by the Treasury Department and Internal Revenue Service earlier this year could hurt their standing as political subdivisions and their ability to issue bonds as well as complicate their governing structures.