Ratings

Fitch revised Illinois' outlook to positive but the rating remains BBB-minus, the lowest investment grade.

The rating agency elevated its outlook to stable on the state’s general obligation bonds and various state-entity revenue bonds.

S&P Global Ratings has fewer universities and colleges with negative outlooks since the beginning of the year.

A Moody's downgrade on San Antonio's convention hotel bonds came with the lowering of the outlook to negative on the city's Aaa issuer rating.

The agency is refunding $104.5 million of Federal Transit Administration section 5307 bonds and $23 million of FTA section 5337 bonds.

The state's momentum with rating agencies continued when Fitch elevated its special tax obligation bonds to AA-minus.

While Jacques Jiha cited improved outlooks to stable from Moody's and S&P, skeptics warned of inadequate use of federal aid and lingering outyear budget gaps.

Illinois public universities reap rewards of federal aid and state rating stabilization.

Three upgrades in two days and four in six weeks mark the state's first bond-rating upgrades in 20 years.

Fitch Ratings, S&P Global Ratings and Kroll Bond Rating Agency all upgraded the Constitution State ahead of a $1 billion taxable and tax-exempt transaction set for Wednesday.