Ratings

The coronavirus is adding to strains bearing down on the city that serves as home to Southern Illinois University's flagship campus.

Ahead of the state's $1.2 billion sale next week, S&P revised its outlook on the AAA rated state to negative

The rating agency affirmed the U.S. at AAA but said the outlook cut reflects ongoing deterioration in U.S. public finances.

Mayor Bill Peduto warned of significant cuts to next year's budget if the city does not receive adequate rescue assistance.

Fitch Ratings cut Pioneers Memorial Healthcare District in Imperial County to BB from BBB-minus.

Fitch downgraded the Ohio-based system to BBB-minus, leaving its rating at the lowest investment grade, matching ProMedica's Moody's rating.

Casino tax legislation is “credit positive” for the city, Moody's said; Fitch downgraded ratings for Chicago water, sewer and school district revenue bonds.

Hamden received its second hit from the rating agencies in four days when Fitch lowered the town's general obligation bonds to BBB.

The Bi-State Development Agency, which manages St. Louis public transit, took a two-notch downgrade from S&P Global Ratings over the pandemic's impacts.

The state's flagship university returns to the market after S&P Global Ratings improved its rating outlook and Moody's Investors Service lowered it.