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Chicago convention agency puts a price tag on its scoop-and-toss plans

The Metropolitan Pier and Exposition Authority will take higher ratings linked to the state's recent upgrades when it returns to the market to refinance debt.

S&P action gives Illinois a trifecta of upgrades

S&P followed Fitch and Moody's in raising the state's ratings but the upgrades so far haven't halted the state's spread widening amid market turmoil.

Illinois sets first bond sales after rating upgrades

Illinois bond rating receives upgrade | The Gazette-Democrat

Second rating agency to move state away from cusp of 'junk' status

By Peter Hancock Capitol News Illinois SPRINGFIELD The credit rating agency S&P Global Ratings upgraded Illinois’ bond rating on Thursday, citing the state’s improved financial condition. It’s the second upgrade from a major credit rating agency to move the state away from the brink of “junk” status. “The upgrade reflects our view of improved liquidity, demonstrated operational controls during the pandemic, and an improved economic condition,” S&P credit analyst Geoff Buswick said in a news release. The upgrade moved the rating on Illinois’ general obligation bonds to BBB from BBB-, the lowest investment-grade rating available. The state’s long-term credit outlook was rated as stable.