State earns 7th credit upgrade in less than two years
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 … Continue reading State earns 7th credit upgrade in less than two years
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