Refunding bonds

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.

The refunding would be completed “for traditional savings” and not for restructuring purposes, the school district says.

Texas A&M University System will price $430 million of taxable bonds, including $230 million to advance refund tax-exempt debt.

CommonSpirit Health will sell $2.7 billion of taxable bonds and $3.1 billion of tax-exempt debt, with BBB-plus ratings, into a supply-starved market.