Refunding bonds

A deal this week will refinance Indiana Finance Authority lease appropriation bonds issued in 2008 for a convention center expansion project.

Ahead of the deal, Moody's revised its outlook on the hospital system's Aa3 rating to positive from stable.

The nonprofit electricity wholesaler is refunding bonds issued in 2009 and 2015 that are tied to the Prairie State Energy Campus.

Interest rates the district will pay on a recent $600 million deal are lower than it paid in its previous bond deal a year and a half ago.

Wisconsin will refund $622 million of taxable 2008 bonds in a sale that sheds swaps tied to Libor.

The Illinois State Toll Highway Authority is in the ninth year of a 15-year, $14 billion capital program.

Spectrum Health System will consolidate its administrative offices into a central location.

St. Louis-based Ascension Health Alliance will price up to $856 million through the Wisconsin Health and Educational Facilities Authority.

The deal allows the university to shed a master trust indenture and concentrate its debt under the University of Nebraska Facilities Corp.

The city's municipal expects $44 million of present-value savings in the $244 million deal to refund 2010 BABs.

The college, using the state of Ohio as its conduit issuer, will price $49 million of bonds.

Oakland Park will issue green water and sewer refunding bonds that carry S&P Global Ratings’ highest Green Evaluation score of E1.

Low taxable rates will allow the state to reap 10% present value savings while advance refunding $285 million of tax-exempt GO debt.

Saint Mary's College, a sister school to the University of Notre Dame, will sell $27 million of new money bonds and $15 million to refund debt.

S&P Global Ratings upgraded Chicago Public Schools to BB-minus from B-plus, and Fitch Ratings upgraded it to BB from BB-minus, ahead of a $369 million deal.

The Illinois Sports Facilities Authority received a two-notch S&P Global Ratings upgrade to BBB.

Houston expects strong demand for the refunding bonds pricing on two days this week.

The fixed-rate bonds refund more than 50% of the Indianapolis Airport Authority’s floating rate bonds and terminate associated interest rate swaps.

The deal through the Indianapolis Local Public Improvement Bond Bank will refund floating-rate debt issued in 2010 to a fixed rate.

The committee also unanimously voted Tuesday to reverse a planned $7.6 billion cut in highway spending that’s scheduled to take effect in a year.