Illinois credit rating downgrade
Web30 apr. 2024 · Thu 30 Apr, 2024 - 5:34 PM ET. Fitch Ratings - New York - 30 Apr 2024: Fitch Ratings has downgraded the rating on the following Chicago, IL bonds to 'BB+' from 'BBB-': --$96,507,307 motor fuel tax revenue TIFIA bonds, series 2013; --$82,595,000 motor fuel tax revenue refunding bonds, series 2013. The Rating Outlook is revised to … Web5 mei 2024 · The state's official March monthly unemployment rate of 4.7% was higher than the national 3.8% rate that month. Illinois' Fitch-adjusted unemployment rate (which …
Illinois credit rating downgrade
Did you know?
Web1 jun. 2024 · MOODY'S CORP. 291.44. USD. -2.81 -0.95%. Illinois had its bond rating downgraded to one step above junk by Moody’s Investors Service and S&P Global Ratings, the lowest ranking on record for a U ... Web31 mrt. 2024 · S&P's public ratings and analyses are made available on its Web sites, www.spglobal.com/ratings (free of charge), and www.ratingsdirect.com (subscription), and may be distributed through other means, including via …
Web9 jun. 2016 · The credit rating service downgraded Illinois’ general obligation rating from Baa1 to Baa2, affecting roughly $26 billion in debt. The service also downgraded the … Web2011. The 2011 S&P downgrade was the first time the US federal government was given a rating below AAA. S&P had announced a negative outlook on the AAA rating in April 2011. The downgrade to AA+ occurred four days after the 112th United States Congress voted to raise the debt ceiling of the federal government by means of the Budget Control Act of …
Web29 jun. 2024 · On the heels of a pandemic-recession, a major credit ratings agency is upgrading Illinois’ creditworthiness for the first time in two decades. Moody’s Investors … Web16 sep. 2024 · Fitch Ratings - New York - 16 Sep 2024: Fitch Ratings has assigned a 'BBB+' rating to the following state of Illinois' GO bonds: --$175 million taxable series of October 2024A; --$245 million series of October 2024B; --$280 million series of October 2024C. The Rating Outlook is Stable. RATING ACTIONS Entity / Debt Rating Prior
Web14 mrt. 2024 · Ratings downgrades can make it more expensive for companies to borrow money. Moody’s warned it could similarly downgrade First Republic Bank (FRC), Zions (ZION), Western Alliance (WAL),...
Web29 jun. 2024 · The Moody's credit rating agency has upgraded the state's bond rating for the first time in more than 20 year Illinois Gov. JB Pritzker on Tuesday announced some … tale of 16Web20 okt. 2015 · Illinois' credit standing took another hit on Monday as Fitch Ratings downgraded the state’s rating for the first time on Governor Bruce Rauner’s watch, citing the deterioration of state ... tale of 2 brainsWeb16 apr. 2024 · Illinois’ rating fell to BBB-minus with a negative outlook from BBB, marking Fitch’s first state downgrade since the COVID-19 pandemic swept across the nation, according to Eric Kim, a Fitch... two adjectives for engineeringWeb2 jul. 2024 · The state’s credit rating was downgraded a total of 24 times starting in 2003. Eight of those downgrades, a third, came during just 20 months of former Gov. Bruce … tale of 2 backpackersWeb9 mrt. 2024 · (The Center Square) – Illinois’ credit rating maintains a notch above “junk” status, but ratings agencies have different takes on the state's credit outlook. The most recent report released Tuesday by Fitch Ratings affirms Illinois’ issuer default rating is BBB-, “notably lower than other states.” tale of 1000 stars memesWeb21 apr. 2024 · Illinois received a credit rating upgrade Thursday from Moody's Investors Service, a bond credit rating agency. After a series of downgrades which began more … two adjacent placesWebMoody’s CreditView is our flagship solution for global capital markets that incorporates credit ratings, research and data from Moody’s Investors Service plus research, data … two adjectives comma