Midwest

Minnesota will sell $468 million of state general fund appropriation bonds next week to raise funds for the public share of building a new $975 million football stadium for the Minnesota Vikings.

The Michigan city of Benton Harbor, which is under emergency management, hopes to win a $2.3 million loan from the state to erase its deficit.

Three complaints have been filed challenging the constitutionality of the pension overhaul Illinois passed in December, and others are expected to follow ahead of the law's effective date in June.

The University of Chicago was among six institutions to which the not-for-profit Ludwig Cancer Research organization awarded $540 million grants to fund cancer research.

The cash-strapped Chicago Public Schools announced plans to relocate its administrative headquarters later this year in a move estimated to save $60 million over the next 15 years.

Detroit emergency manager Kevyn Orr reversed a decision to close the bankrupt city's pension system for non-public safety employees and shifted it into a 401(k)-style defined contribution retirement plan.

Moody's Investors Service revised the outlook on Illinois-based Memorial Health System's A1 rating to negative from stable ahead of its sale of $60 million of revenue bonds.

The Missouri Supreme Court upheld a lower court decision dismissing the city of Moberly and its industrial development authority as defendants in a bondholder lawsuit targeting the underwriter of $39 million of city bonds issued for a failed artificial sweetener plant.

Ohio is coming to market Wednesday with $150 million of general obligation bonds as state lawmakers gear up to consider a pair of measures that could mean a flood of new-money borrowing over the next several years.

Bondholders who took ownership of the St. Louis convention center hotel complex four years ago hope to close next month on the sale of the complex's two hotels in separate transactions totaling about $29 million.