CHICAGO -- City Colleges of Chicago and the finance team for its first-ever borrowing under its own name hit the road Thursday to promote a $250 million general obligation sale that garnered double-A level ratings but carries the blemish of the city’s name.

Fitch Ratings assigned a AA-minus rating and Standard & Poor’s rated the system, formally known as Cook County Community College District No. 508, AA. Both assign a stable outlook.

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