CHICAGO — Fitch Ratings this week dropped by two notches to A-minus its rating on the Illinois Sports Facilities Authority's $398 million issue from 2001 for the renovation of Chicago's Soldier Field stadium, the latest downgrade resulting from the state's credit problems.

Although the bonds are repaid with hotel taxes, the state's appropriation pledge secures the debt. Fitch downgraded Illinois by two notches to A in July.

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