Midwest

Loop Capital Markets has hired veteran managers to lead its transportation and housing groups while adding to its Texas banking presence.

The move to take back local control came a few months after new leadership took the helm at the airport.

Talks between original holders and a law firm over potential securities fraud litigation did not pan out, and trustee UMB NA has canceled all the bonds.

Phil Culpepper brings his experience as a public finance banker and Illinois' former debt manager to the table at the fully veteran-owned firm.

State Comptroller Susana Mendoza will renew a push for legislation to set automatic triggers for a $200 million annual deposit into the rainy day fund.

Indiana revenues are up $1 billion in the current fiscal year from December revenue projections that already had forecast a multi-billion dollar surplus.

The Cleveland-based university's 100-year taxable bond landed at a 5.4% interest rate.

CPS' federal windfall aided the district's fiscal progress with plans to use $700 million in the next budget before exhausting the pot in fiscal 2025.

Cook County and the Illinois Municipal Retirement Fund reported improving pension health, while the unfunded liabilities of Chicago funds worsened in 2020.

As summer beckons, it's time for a reporters' roundtable with some of the Bond Buyer's senior staff. Yvette Shields, Karen Pierog, Keeley Webster and Thomas Nocera talk with Chip Barnett about what's hot in their regions and what municipal bond market participants should expect to see in the months ahead. (25 minutes)