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S&P’s upgrade follows Moody’s move last week, citing consecutive balanced budgets and stronger reserves as Illinois prepares to sell new bonds.
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6 Articles
Back-to-back bond rating upgrades for Illinois boost Pritzker's reelection bid
S&P Global Ratings cites "good fiscal management" during Gov. JB Pritzker's watch, marking the 12th bond rating upgrade in his two terms. The development forced GOP rival Darren Bailey to recalibrate his attacks on Pritzker, acknowledging the upgrade as "good news."
Capitol Fa - Your Illinois News Radar » It’s taken Illinois 14 years to regain an ‘A’ rating from S&P, and we’re still at the bottom of the packCapitolFax.com
* The Tribune way back in August 2012, during the Quinn administration… Standard & Poor’s downgraded the credit of the state of Illinois on Wednesday because of its weak funding levels for pensions, a move that could make it more expensive for the state to borrow money. S&P; lowered its rating on Illinois to A from A-plus [...]
Illinois Quick Hits: S&P Global joins Fitch by raising Illinois bond rating - Regional Media News
(The Cente Square) - Illinois has earned its second credit rating upgrade in less than a week, as S&P Global Ratings raised the state's general obligation bond rating on Tuesday to an A. Illinois still has the lowest credit rating of any U.S. state. Indiana, [...]
Illinois Quick Hits: S&P Global joins Fitch by raising Illinois bond rating
(The Cente Square) – Illinois has earned its second credit rating upgrade in less than a week, as S&P Global Ratings raised the state’s general obligation bond rating on Tuesday
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