Midwest Bond-Watch

Shields, Yvette; Carvlin, Elizabeth
January 2005
Bond Buyer;1/5/2005, Vol. 351 Issue 32043, p27
Trade Publication
The article presents news items related to bond market in Midwestern states. ATA Airlines last week said it had repaid $15.5 million that the Indiana Transportation Finance Authority and Indianapolis loaned the airline after it filed for bankruptcy in October. A spokeswoman for Governor-elect Mitch Daniels said there is no "imminent" plan to consider the sale of the Indiana toll road, but that the new administration will be looking at the state's assets in search of items that could bring in cash to boost an ailing budget. Michigan closed fiscal 2004 with a $155.4 million surplus, which was earmarked for reserves.


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