Moody's Investors Service said it has downgraded to A1 from Aa2 the general obligation rating of the Chicago Park District.

The district has $428 million in general obligation limited tax (GOLT) debt and $448 million of general obligation unlimited (GOULT) debt outstanding. The outlook has been revised to negative from stable.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.