Midwest

The Illinois Finance Authority is rolling out a new financing program to help smaller hospitals purchase equipment and meet federal healthcare record-keeping mandates.

Standard & Poor’s Tuesday raised its outlook on Michigan’s AA-minus rating to positive from stable.

The Michigan House is expected to adjourn for the summer without voting on a controversial plan to generate new road money for the state.

Standard & Poor's says Children’s Hospitals and Clinics of Minnesota could win an upgrade if its operations remain on the upswing.

Moody’s Investors Service has raised Minneapolis-based Fairview Health Services’ rating by one level to A2 ahead of its upcoming revenue bond sale for $120 million.

Swap termination fees are among the items to be financed under a $1.16 billion general obligation bond authorization that is up for a Chicago Board of Education vote.

Standard & Poor's Ratings Services said it is monitoring the Chicago Board of Education's plans for fiscal 2016 and its efforts to bring expenditures in line with revenue.

Michigan officials are touting the state's recovery from the Great Recession to investors considering buying $990 million of revenue bonds, the building authority's largest deal to date.

Steep junk-level yield penalties drew strong interest in Chicago's $347 tax-exempt sale Thursday which followed the city's pricing of $743 million of taxable securities a day earlier.

Indiana fiscal officials released final year numbers Thursday, saying the state brought in $210 million more than it spent in 2015, boosting its prized reserve fund to $2.1 billion.