Midwest

Indiana University selected Goldman Sachs to act as its main advisor on a proposal to privatize its parking system in a bid to raise cash to offset declining state aid and other revenue sources.

Ohio-based bond counsel firm Peck, Shaffer & Williams LLP hired two recent law school graduates for its Cincinnati office, bringing the firm’s number of public finance attorneys to 45 nationally.

Illinois Gov. Pat Quinn prevailed in his feud with Chicago Mayor Rahm Emanuel when Quinn’s communications chief, Kelly Kraft, was named executive director of the Illinois Sports Facilities Authority.

The Louisville and Southern Indiana Bridges Authority approved a development agreement governing the construction, financing, and long-term management of the Ohio River Bridges Project.

Two of Michigan's largest providers Wednesday announced plans to merge to create a new $6.4 billion system, joining the growing number of providers nationally who are hoping to consolidate.

The Minnesota Supreme Court released an opinion Wednesday finding that the state’s use of an appropriation pledge to back a proposed tobacco refunding issue does not constitute a “public debt” subject to state limits on such debt.

Voters across Midwestern states face a slew of tax, spending, and bond referendum along with policy questions that pack a fiscal punch including whether Michigan's emergency management should be preserved and the state's ability to raise taxes limited.

Fitch Ratings revised its outlook on Milwaukee County's unlimited tax general obligation bonds and taxable pension note anticipation notes to stable from negative in recognition of the county’s ability to consistently balance operations.

Standard & Poor’s said the announcement of a proposed merger between health care giants Trinity Health and Catholic Health East does not affect their credit ratings yet, but that a consolidation would likely result in a credit with a weaker rating than Trinity’s AA rating.

Wyoming, Mich.-based Metro Health is seeking a strategic partner for a merger to help navigate changes in the health care industry.