Midwest

A deal that would have allowed the state to lease Detroit's largest and most popular park and issue bonds to fix it up may be dead after city council tabled it and Gov. Rick Snyder withdrew the offer.

Fighting headwinds from a downgrade and headlines over failed pension reform efforts, Illinois postponed its competitive sale of $500 million of general obligation bonds over concerns it would pay too steep an interest rate penalty.

JobsOhio sold $1.56 billion of liquor profit-backed bonds Monday and Tuesday despite unresolved litigation that scared some investors away, seeing spreads of up to 137.5 basis points above Treasury rates on the taxable series.

Missouri Gov. Jay Nixon unveiled a proposed $25.9 billion budget for fiscal 2014 that bolsters education spending and provides a conditional endorsement of new borrowing if funds are carved out to repay it.

Wisconsin is readying up to $246 million of transportation revenue bonds as lawmakers tackle an agenda that includes funding for the state's pressing transportation needs.

A North Dakota Senate committee voted against a bill that would allow school districts to tap city sales tax to pay debt service on bonds.

Standard & Poor's has revised its outlook on St. Louis-based St. Anthony's Medical Center's A-plus rating to negative from stable due to operating losses.

Moody's Investors Service Monday downgraded to A2 from A1 its underlying rating on Jackson Public Schools ahead of a planned refunding of $11.2 million of general obligation bonds.

A bill that would expand Indiana's gambling industry is headed to the Senate Appropriations Committee after the Senate Public Policy Committee unanimously approved the measure last week.

Fitch Ratings last week upgraded to BBB from BBB-minus its rating on The Methodist Hospitals, reflecting the northwest Indiana system's improving financial performance.