Illinois Achieves Highest Credit Rating in 20 Years, Still Lowest-Rated State

Illinois achieves highest credit rating in 20 years, still lowest-rated state

CHICAGO, Ill. (WTVO) — Moody’s Investors Service on Thursday upgraded Illinois’ credit rating to A2, the state’s highest mark in more than two decades. But despite the bump, Illinois remains the lowest-rated state in the nation. Moody's Ratings Thursday move elevates the state to five steps above junk, although with a stable outlook. The upgrade represents the 10th credit rating upgrade under Gov. JB Pritzker's stewardship. “The latest Moody’s u…

Illinois Achieves Credit Rating Upgrade as Moody’s Raises State to A2 - Mahomet Daily

Moody’s Ratings upgraded Illinois’ credit rating to A2 from A3 on October 23, marking the state’s tenth credit rating improvement since Governor JB Pritzker took office in 2019 and bringing Illinois to its highest credit rating in more than 20 years. The upgrade, which applies to the state’s general obligation bonds and Build Illinois sales tax bonds, reflects what Moody’s described as “realized and expected improvement in the state’s financial …

Sims celebrates state’s 10th credit upgrade

SPRINGFIELD – For the 10th time in less than five years, Illinois has seen another improved bond rating. Moody’s Investors Service – one of the nation’s major rating agencies – announced upgrades Thursday thanks to the fiscally responsible decisions made by state democrats.  State Senator Elgie R. Sims Jr. – the Senate Appropriations Committee Chair and Majority Caucus Appropriations Leader – released the following statement: “The 10th rating up…