Ohio

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.

East Cleveland, Ohio's pursuit of Chapter 9 bankruptcy shouldn't hurt the city's school district, Moody's Investors Service says.

Indianapolis-based Umbaugh has named veteran Ohio public finance professional Mark Miller as its director in that state.

East Cleveland, Ohio says it is insolvent and bankruptcy is its best option to preserve essential public services in the city of 18,000, which has no bond debt.

A lawyer facing Securities and Exchange Commission charges that he violated federal securities laws as part of a pay-to-play scheme to secure Ohio pension business is arguing the commission’s charges cannot apply to him and should be dismissed.

Ohio-based American Municipal Power Inc. will use a portion of the proceeds from its upcoming sale of $137.5 million in tax-exempt project revenue bonds to finance the purchase of an ownership interest in the Greenup Hydroelectric Facility.

Locke Lord LLP has hired tax specialist Todd Cooper to bolster its 25-member national public finance practice.

Columbus, Ohio is eyeing a July return to the market to begin borrowing to raise funds for its $866 million fiscal 2017 capital budget.

Ohio-based Kettering Health Network won an upgrade from Standard & Poor’s ahead of its upcoming $90 million sale.

Ohio is highlighting the strong, multi-layered backing of its highway bonds as it prepares to sell $231 million to pay for highway capital improvements.

Kentucky lawmakers sent Gov. Matt Bevin a sweeping bill authorizing public-private partnerships, although it prohibits tolls on any state transportation projects that connect with Ohio.

Ohio is issuing $80 million of capital facilities lease-appropriation bonds to fund parks and recreation improvement projects.

Ohio-based American Municipal Power Inc.’s planned launch of three additional hydroelectric units on the Ohio River in March and April are positive developments for its credit and the municipal electric utilities it serves, according to Moody’s Investor Service.

Ohio State University hits the market with its first sale under a $1 billion borrowing program that will use an offering statement style in the same vein as corporate shelf registration that will allow it to sell multiple issues with the same documentation.

As two new bankers take their seat on Fifth Third Securities’ public finance team, the firm says it’s on the lookout to add to its ranks.