Midwest

The fixed-rate bonds refund more than 50% of the Indianapolis Airport Authority’s floating rate bonds and terminate associated interest rate swaps.

Chicago’s long-standing effort to host and profit from a casino will require a legislative makeover to attract financing, a report said.

Paul Chatalas, who has both a public finance and public policy background, took over as capital markets director Tuesday.

The city manager says Birmingham has no plan B to fund the project.

Nuveen and AllianceBernstein say Warlander Asset Management may be using the lawsuit to generate an "enormous profit" from credit default swaps.

The deal will end the family owned Baum's 91-year run in the municipal bond business.

St. Louis-based Stifel said it had reached a definitive agreement to acquire certain assets of Baum, including its municipal bond business.

The review of the final credit, Chicago's senior-lien water bonds, was resolved when the bonds were defeased.

The district wants to spend $619 million on local school projects, with another $191 million dependent on state funding.

The deal through the Indianapolis Local Public Improvement Bond Bank will refund floating-rate debt issued in 2010 to a fixed rate.