Moody's Investors Service

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…