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The Michigan Strategic Fund signed off on the borrowing that will be priced by a syndicate led by Citi and Siebert.
April 28 -
Smith, who joined the Michigan-based law firm in 2016, will lead a 16-member team.
April 9 -
“There’s been absolutely no effort made to take this collection of ideas and price it out,” Mayor Mike Duggan said of proposals to change the city charter.
February 25 -
Indiana, Michigan and Ohio budget proposals benefit from a revenue picture that is more optimistic than feared earlier in the COVID-19 pandemic.
February 16 -
The Motor City's spread penalties were reduced by more than half compared to its previous sale in October in a deal that was oversubscribed by 20 times.
February 5 -
S&P Global Ratings raised Detroit's outlook to stable from negative on a BB-minus rating; Moody's affirmed the city at Ba3 with a positive outlook.
January 22 -
State tax revenues remain down compared to pre-coronavirus figures but estimates in a new forecast are higher than its previous official forecast in August.
January 19 -
Former Michigan Gov. Rick Snyder and two former Flint emergency managers entered not guilty pleas Thursday on criminal charges tied to their alleged roles in the Flint water contamination crisis
January 14 -
Michigan Attorney-General Dana Nessel filed misdemeanor willful neglect of duty charges against former Gov. Rick Snyder in a Genesee County court.
January 13 -
Former state Treasurer Jay Rising will take the helm of Detroit's finances next week, replacing Dave Massaron.
January 13