Midwest

The borrowing arm of the Missouri Department of Transportation will take competitive bids on $489 million of new money debt Tuesday.

Both S&P Global Ratings and Kroll Bond Rating Agency revised their outlooks for Chicago general obligation bonds to positive from stable.

S&P said the ProMedica's divestiture helps address operating losses but it's a longer road ahead to return to investment grade.

Chicago's upcoming general obligation sale will carry a Moody's rating for the first time since at least 2014.

The market has seen outflows for 13 straight weeks, per Refinitiv Lipper, but Nuveen strategists Anders S. Persson and John V. Miller said "selling is due primarily to investors harvesting tax losses."

Seven years after dropping Chicago to speculative grade citing pension funding, Moody's returned the city to investment grade, citing pension funding.

JobsOhio liquor profit, state revolving fund and GARVEE bonds scheduled to hit the market over the next two weeks.

A report digs into the fiscal "entanglements" between CPS and the city as the district moves from mayoral control to an elected school board.

New GO borrowing authority, a WIFIA loan for lead water service line replacement, and short-term airport financing are before Chicago City Council.

The state school in Ypsilanti is responding to declining enrollment with a student housing makeover financed through a public-private partnership.