Midwest

Threats to St. Louis University’s medical accreditation adds some remote credit risks to the school’s rating if not successfully resolved, Moody’s Investors Service said.

Illinois stands to lose $40 billion in federal Medicaid funding over the next 10 years under the current Republican plan to replace the Affordable Care Act as Moody’s warns that the plan is a negative credit development for states.

The National Collegiate Athletic Association’s 8-year extension of its lucrative broadcast agreement with two major broadcasting networks wasn’t enough to stave off a downgrade.

Despite pressure to slow down the approval process, the Cuyahoga City Council plans to vote March 28 on a $140 million debt issue to finance renovations to the Quicken Loans Arena.

One of the only intermodal freight facilities to take advantage of a special 12-year-old federal private activity bond program is readying its fourth round of financing.

Bipartisan efforts to resolve Illinois' nearly two-year-old budget impasse took a backseat at the state capital as Republicans pressed stand-alone pension legislation and a bill giving Gov. Bruce Rauner sweeping emergency budget powers.

With its aid levels at stake, Detroit Public Schools Community District is planning a preemptive strike against state plans to shutter schools.

Ohio-based ProMedica Health System’s shaky fiscal 2016 results drove a one-notch downgrade by Moody’s Investors Service.

Wisconsin voters are looking more favorably on school district’ borrowing requests, signing off on a record $1.35 billion of debt last year, according to a new study.

The sovereign powers and strong general obligation repayment statute supporting Illinois’ investment-grade ratings are being tested by budget gridlock and what one analyst describes as approaching “service level insolvency.”