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S&P's upgrade moved Detroit's unenhanced GO rating higher in the speculative grades but also lifted a portion of its priority lien debt to investment grade.
March 15 -
This month the University of Michigan sold $1.2 billion and Michigan State University sold $500 million of taxable 100-year bonds.
March 14 -
A bond-funded pension buyout extension and automatic transfers into the state's now meager rainy day and pension stabilization funds are being discussed by Illinois lawmakers as they look to wrap up their spring session next month.
March 10 -
Moody's rewarded Detroit's strides in keeping its books balanced and building reserves with an upgrade that leaves it two notches below investment grade.
March 9 -
Illinois senators joined House colleagues to introduce legislation that would give states with unemployment trust fund loans more interest-free time to repay them.
March 9 -
The city says it can't afford a pension fund change that forces it to pay down unfunded liabilities more quickly; it may also lobby state lawmakers.
March 8 -
The Illinois Finance Authority signed off on the financing cementing NorthShore University HealthSystem’s recently closed merger with Edward-Elmhurst Health.
March 8 -
Moody's raised the Chicago Board of Education's rating by one notch to Ba2.
March 4 -
The University of Michigan follows Michigan State this month in joining the club of universities offering 100-year bond maturities.
March 3 -
Minnesota's February forecast adds $1.5 billion to the $7.7 billion forecast just a few months ago.
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