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Mayor Lori Lightfoot needs to achieve her 2022 target of structurally balancing the city’s books to preserve Chicago's BBB-plus rating, S&P said.
October 25 -
State Treasurer Randy McDaniel said the state’s efforts to increase reserves, eliminate structural deficits, improve pension finances, and diversify the state’s economy are working.
October 25 -
ProMedica Health System was downgraded to Baa3 by Moody's Investors Service, which assigned a negative outlook.
October 23 -
Taxable bonds will replace interim financing that funded land acquisition for the plant, which may not match the vision that drew state and local subsidies.
October 21 -
The agencies aren't concerned about the ongoing strike, but the final contract will determine if Chicago Public Schools continues its slow rating progress.
October 18 -
S&P Global Ratings revised to positive from stable the outlook on its BBB-plus rating for the long-troubled city on the Delaware River.
October 18 -
California's largest-ever competitive taxable deal, which followed two upgrades, drew 10 or more bidders for each tranche.
October 17 -
Moody's lifted California to Aa2 ahead of plans to sell $1.1 billion of general obligation bonds.
October 15 -
Fitch raised the airport's rating by one notch to A, citing rising traffic levels and robust financial metrics.
October 10 -
Moody's Investors Service cut OSF Healthcare System to A3 from A2.
October 10