Ohio

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.

Squire Patton Boggs, a leading muni bond firm, is merging with the San Francisco-based international litigation firm of Carroll, Burdick & McDonough.

The Midwest lagged the national uptick in issuance last year as the conservative region did take advantage of low interest rates to refund debt but held tight the purse strings on new money borrowing.

Moody's Investors Service slashed Ohio-based Cardinal Local School District's rating down to junk grade following the district's default on a December 2015 bond payment.

Ohio plans to price $288 million of high-grade general obligation bonds next week.

Chicago-based investment bank William Blair is moving into Ohio by hiring of a team of veteran public finance bankers from Fifth Third Securities.

Cleveland expects $17 million in savings on its $151 million refunding issue for Cleveland Hopkins International Airport this week.

Moody's Investors Service has placed the ratings of eleven local government credits in Indiana and Ohio on review with the rating direction uncertain as analysts await updated financial data from the group.

Ohio Gov. John Kasich's signing of legislation that partially restores an expiring school funding revenue source is a credit positive for 75 school districts, Moody's Investors Service said.

Standard & Poor's stripped Ohio-based Alliance Community Hospital of its investment grade rating based on revised stand-alone, acute-care hospital criteria.

Cleveland Hopkins International Airport’s $60 million of ongoing terminal and parking projects are on time and on budget, airport officials told the City Council in a progress report Nov. 18.

Voters across the Midwest elected new leaders, embraced the borrowing pleas of some school districts while nixing others, and rejected a controversial marijuana initiative in one state.

Cuyahoga County, Ohio would borrow up to $65 million to finance upgrades to the venues of Major League Baseball’s Cleveland Indians and the National Basketball Association’s Cleveland Cavaliers

Pennsylvania Gov. Tom Wolf joined a three-year cooperation agreement with West Virginia and Ohio to collaborate on areas critical to maximizing shale gas region growth.

After 12 years in Columbus, Megan Kilgore is “moving across the table,” taking a job at the firm, Umbaugh, that is the city’s financial advisor.

Cincinnati is nearing a historic agreement to remedy its long-standing pension shortfall that sparked downgrades and years of court battles with retirees and unions.