Higher education bonds

State aid to Indiana University could fall to below 10% over the next decade if current trends continue, president Michael McRobbie said at his annual state of the university address.

BRADENTON, Fla. - After 30 years at Bryant Miller Olive PA, Randy Hanna will step down Nov. 1 from the Florida-based law firm to become chancellor of the state college system.

An 18-story hotel in New Orleans that never reopened after Hurricane Katrina in 2005 will be imploded next month to make way for Louisiana State University’s new academic hospital.

CHICAGO - The Illinois Finance Authority board Tuesday advanced borrowing plans for several retirement communities and authorized up to $480 million in bonds for the University of Chicago to refund debt and fund projects, including a new research center for its molecular engineering program and astronomy and astrophysics work.

LOS ANGELES - Chapman University, a private university in Orange County, Calif., best known for its film, business, and law schools, wants to increase its health science offerings.

CHICAGO - The University of Minnesota Regents on Wednesday will sell about $82 million of debt, in a mix of taxable general obligation bonds and tax-exempt special purpose revenue bonds backed by a state appropriation, to provide financing for facilities in its Biomedical Discovery District.

CHICAGO - Ohio State University's plan to privatize its parking system advanced this week when the school posted a request for qualifications for firms interested in the asset.

CHICAGO — Michigan-based Trinity Health Corp. will bring the year's largest health care deal to market next week when it sells $648 million of debt, some of which will finance its recent acquisition of Loyola University Health System.

The Utah Board of Regents last week voted to construct the first building on Utah State University’s Brigham City campus in a $15 million deal to be shared with the city.

The Dormitory Authority of the State of New York has approved $1.5 billion in financing for education and health care.

Standard & Poor’s affirmed its AAA long-term rating on Yale University revenue bonds issued through the Connecticut Health and Educational Facilities Authority, as well as the AAA long-term rating and A-1-plus short-term rating on various long- and short-term debt issued by and for the university.

DALLAS - Texas Sen. Kirk Watson, D-Austin, outlined a 10-part, 10-year plan Tuesday to build an academic hospital and medical school at the University of Texas in Austin.

Moody’s Investors Service has revised its outlook to positive from stable on the University of Wisconsin Hospitals and Clinics’ A1 rating due to its improved fiscal performance.

Moody’s Investors Service has downgraded Monmouth College by one notch to Baa3, the lowest investment-grade level, and assigned a negative outlook as the school grapples with a weakening market position and operating pressures.

CHICAGO - The Illinois Finance Authority board this week approved Novi, Mich.-based Trinity Health Corp.'s issue of up to $600 million tied to its acquisition of Loyola University Health System in suburban Chicago, and advanced a Midwestern disaster area revenue bond issue for Cargill Inc.

DALLAS - Loyola University New Orleans plans to renovate and expand five structures on its campus in the uptown section of New Orleans with proceeds from $125 million of revenue bonds.

The California State University system will sell $430 million of revenue bonds on Wednesday.

The University of New England has received a $3.5 million state award from the Maine Center for Disease Control and Prevention to help open the first college of dental medicine in northern New England.

CHICAGO - The Ohio State University board this week will consider a proposal to privatize its parking system for an upfront payment from a private operator.

DALLAS - No revenue bond debt will be required to build a new $1 billion state teaching hospital in New Orleans under a revised business plan being considered Thursday by the University Medical Center Management Corp.