Midwest

Illinois-based Edward-Elmhurst Healthcare received an A rating from Fitch Ratings as it prepares to come to market to refund old debt issued by the two systems that joined forces in 2013 and establish a new obligated group.

Wisconsin-based Sauk Prairie Memorial Hospital Inc.'s rating fell deeper into junk after a three-notch downgrade from Moody's Investors Service.

Wayne County, Michigan was released from state oversight but expensive challenges remain, said county executive Warren Evans .

Rank-and-file Chicago teachers will vote next on a proposed four-year contract reached earlier this month between Chicago Public Schools and the Chicago Teachers Union on the eve of a planned strike.

Reforms of Michigan’s emergency manager law were among the policy changes recommended in a report by a special state legislative committee formed to examine the Flint water crisis.

Chicago heads into the market next week with nearly $1.1 billion of O’Hare International Airport paper -- one of the city’s more digestible revenue-backed credits generally insulated from the city’s pension and budget ills.

Indiana’s Citizens Energy Group heads into the market with a $49 million refunding of natural gas utility bonds bolstered by an upgrade from S&P Global Ratings.

Chicago’s motor fuel bonds and a Transportation Infrastructure and Innovation Act loan fell a notch Tuesday as S&P Global Ratings’ moved the ratings down in tandem with its recent downgrade of the state’s general obligation rating.

The Illinois Finance Authority signed off on $800 million of borrowing plans by several Illinois-based not-for-profit health systems and a Chicago art museum joining the parade of issuers to hit the market this quarter with both new-money and refunding paper.

Illinois' arrangement to directly place $600 million of existing floating-rate debt with four banks received a positive review from Moody's Investors Service though its Baa2 rating and negative outlook are unchanged.