Midwest

A group of four city council members, including one from Cleveland, have asked the Ohio Attorney General to launch an investigation into the controversial bond-financed Prairie State Energy Campus that opened last year after cost overruns and delays.

Missouri Secretary of State Jason Kander issued a cease-and-desist order against the former Morgan Keegan & Co. Inc. for alleged fraud in its role as underwriter on $39 million of defaulted revenue bonds issued by a Missouri city for a now abandoned artificial sweetener plant.

Cook County's new CFO Ivan Samstein takes the helm as the nation's second-largest county continues to struggle with revenue declines and other challenges.

Xenia Rural Water District in Iowa has finalized a long sought restructuring plan with its bond insurer and the USDA Rural Development on $125 million of debt.

Illinois held its ground with the market Tuesday as it completed an $800 million general obligation issue that captured yields in-line with the interest rate penalties assessed in secondary market trading.

Wisconsin-based WPPI Energy will sell $180 million of new-money and refunding power supply system bonds to fund projects including environmental upgrades and transmission improvements.

The board of the Cleveland-Cuyahoga County Port Authority approved a measure last week to issue $90 million of tax-exempt bonds to finance new headquarters for Cuyahoga County in downtown Cleveland.

Moody's Investors Service has revised its outlook to negative on St. Paul’s sewer revenue bond Aa1 credit over a weakening of its financial metrics.

Minnesota Attorney General will hold hearings beginning next week to probe South Dakota-based Sanford Health's possible acquisition of Minnesota-based Fairview Health Services.

Indiana last week reached financial close on a $700 million tax-exempt bond financing that finances the state's half of the $2.6 billion bi-state bridge project with Kentucky.