Hinz: Wall Street gives Pritzker a second dose of good news

 
 
Updated 4/21/2022 1:30 PM

Illinois is on a bit of a ratings roll.

For the second time in a year, Moody's Investors Service has upgraded its take on Illinois debt, moving its grade up one notch, to Baa1 from Baa2.

 

In a statement today, the New York fiscal agency cited rapid revenue growth over the past year, and noted that the state "is also increasing pension contributions, indicating increased commitment to paying its single-largest long-term liability."

Despite recent improvement, obstacles remain, Moody's added.

Get the full report at Crain's Chicago Business.

0 Comments
                                                                                                                                                                                                                       
 
Article Comments
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.