Midwest

M. Elizabeth Walker and Jerimi J. Ullom have joined law firm Barnes & Thornburg's Indianpolis office as healthcare and public finance partners.

Fishers, a suburb of Indianapolis, is selling $170 million of bonds for an arena to house the minor-league Indy Fuel and to host concerts and other events.

The top five bond financings have an average dollar volume of more than $1.2 billion.

The state reported a $7.07 billion budget balance and $1.8 billion in its rainy day fund.

The proposed spending plan includes the first chunk of money from the city's new casino, which will support underfunded police and fire pensions.

The total unfunded pension liability for all 50 states is expected to be $1.3 trillion for fiscal 2023, according to a Reason Foundation analysis.

Mesirow's public finance group will collaborate with the firm's institutional sales and trading team to offer clients defeasance and cash-flow management for their portfolios.

California-based Fulcrum Bioenergy will build a facility in Gary that converts household garbage into sustainable synthetic aviation fuel.

S&P Global Ratings placed Maryland Heights, Missouri, on credit watch with negative implications because of bonds from a related authority for a hockey rink.

Dustin Avey and Jeremy Garber were named co-heads of public finance; Fairman, a 40-year veteran of the firm, will remain in an advisory capacity into 2024.