Standard & Poor’s Rating Services revised Illinois’ credit - TopicsExpress

Standard & Poor’s Rating Services revised Illinois’ credit outlook to “negative” from “developing” on July 23. Illinois’ current S&P rating is A-, the lowest of any state in the country. With this revision, S&P and the other major rating agency in the country, Moody’s Investors Service, are once again on the same page. Both companies now have Illinois’ credit rating four notches away from junk-bond status with a negative outlook.

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