Midwest

The $112 million GO sale Tuesday includes $97 million of green bonds, supported an opinion from an accredited verifier.

Added debt drove one-notch downgrade but long-term benefits seen.

Moody's cut the rating of Oak Lawn, Illinois, to the lowest investment grade level.

Agencies across the country said the case filed by a Florida utility could expose them to "unprecedented" federal oversight of public power contracts.

Pension obligation bonds won't be in the mayor's budget plan, and rising rates are making it harder for a deal to pencil out.

The Build Illinois bonds still carry single-A to double-A ratings, even after rating cuts tied to the state's overall fiscal woes.

The Indiana Finance Authority said it saw strong demand for green bonds.

Cook County Board President Toni Preckwinkle unveiled a $5.92 billion spending plan for fiscal 2019.

The placement carries a maturity of up to two years, and a Michigan State spokeswoman said the school will eventually issue long-term bonds.

The three states are in the bottom of a ranking of state fiscal conditions by the Mercatus Center at George Mason University.