Illinois credit rating
February 27, 2023 | By PETER HANCOCK, Capitol News Illinois
SPRINGFIELD – S&P Global Ratings announced Thursday that it had raised Illinois’ long-term credit rating to A-, up from BBB+, marking the seventh upgrade the state has received from a major rating agency in less than two years. The rating applies to roughly $27.7 billion in outstanding general obligation, or GO, bonds. “The upgrade on…Read Full Article
Moody’s gives Illinois second credit upgrade within one year; move means lower interest costs, but rating remains lowest of all states
April 22, 2022 | By JERRY NOWICKI, Capitol News Illinois
SPRINGFIELD – Illinois on Thursday received its second credit rating upgrade from Moody’s Investors Service within one year, moving up one notch but remaining in the worst shape of the 50 states. It’s the third upgrade between the three major credit ratings agencies during Gov. JB Pritzker’s tenure, the other coming last year from Standard…Read Full Article
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