Tag: Moody’s Investors Services

State receives first credit rating upgrade in 23 years

By Peter Hancock Illinois received its first credit rating upgrade in 23 years Tuesday when Moody’s Investors Services raised the State’s rating one notch, and cited “material improvement in the State’s finances.” Although the upgrade still leaves Illinois bonds rated just two notches above so-called “junk” status, governor JB Pritzker...

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