Midwest

  • Illinois

    CHICAGO — Cook County, Ill., will enter the market today with roughly $400 million of fixed-rate bonds in a transaction aimed at saving the county money by refunding a chunk of its outstanding debt and generating new money to finance the purchase of capital equipment.

    October 20
  • CHICAGO — The Indiana Finance Authority today is expected to price $225 million of new-money revenue bonds on behalf of Sisters of St. Francis Health Services Inc.

    October 20
  • CHICAGO — More than $1 billion of borrowing by health care facilities in Illinois is expected in the coming months in deals approved by the Illinois Finance Authority board amid improved market access for the sector.

    October 20
  • Ohio

    Moody’s Investors Service downgraded the Dayton City School District’s $219 million of outstanding general obligation debt to A3 from A2 and revised the outlook to stable from negative. It also downgraded the district’s $15.4 million of outstanding certificates of participation to Baa1 from A3.

    October 20
  • Ohio

    Moody’s Investors Service last week upgraded to A1 from A2 the Cuyahoga Falls City School District’s general obligation debt.

    October 20
  • Ohio

    The Democratic-led Ohio House is likely to vote as early as today on legislation that would enact Gov. Ted ­Strickland’s proposal to freeze planned income-tax cuts to help balance the budget.

    October 20
  • Missouri

    Standard & Poor’s raised Harrisonville’s annual appropriation-supported debt rating two notches to A-plus in recognition of its very strong general fund financial reserves.

    October 20
  • Minnesota

    Standard & Poor’s raised the city of Victoria’s general obligation rating one notch to AA-plus in recognition of good financial management that has contributed to positive general fund operations and the maintenance of very strong reserves.

    October 20
  • Michigan

    The Silverdome, the former home of the Detroit Lions, will be sold next month at auction.

    October 20
  • Moody’s Investors Service last week revised the outlook on Loyola University of Chicago’s A3 credit to stable from negative because of strong operating performance and cash flow as well as operating improvement initiatives being undertaken by the university’s health system.

    October 20