Midwest

The Iowa Fertilizer Co. will refund its Midwestern Disaster Area revenue bonds with a new structure that yields higher Fitch, Moody's and S&P ratings.

"If you clean it, they will come," says an EPA official as new federal environmental funding helps cities revamp old industrial areas into new neighborhoods.

After dropping dramatically with the onset of the COVID-19 pandemic in 2020, energy severance tax revenue is soaring along with oil and gas prices.

Legislative backers of the fiscal 2023 budget approved over the weekend with Gov. J.B. Pritzker's blessing believe it will draw more positive rating actions.

Frank DeGuire rejoined Quarles & Brady in Milwaukee this week after working as an in-house corporate attorney.

The university will decide on a final structure for a $500 million sale that could go as long as 100 years at the time of pricing, which is expected next week.

SSM returns to the market with $323 million, highlighting its stronger balance sheet, ESG efforts, and medical partnerships that reflect a sector trend.

The public agency that owns and operates Chicago's convention center says operating revenues and tax collections are doing better than forecast in the fiscal 2022 budget but lag pre-pandemic levels.

Larry Wiemer II succeeds Dennis Reilly as head of the Wisconsin's conduit agency that assists the not-for-profit hospitals, educational and other organizations in accessing the municipal market

Illinois' current budget surpluses offer an opportunity to help bolster the state's fiscal foundation as it navigates persistent pension strains and economic threats, the Commission on Government Forecasting and Accountability said.