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The University of Illinois has received a relatively glowing financial report from Moody's Investor Service, but it comes with some caveats. The firm…
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The decision to downgrade DeKalb's bond rating from Aa2 to Aa3 is based in part on the city’s pension liabilities.According to a news release, this…
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Moody’s Investor Service is out with a warning that the just-passed stopgap spending plan is not enough for Illinois’ public universities.On Thursday,…
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A second major credit rating agency has downgraded Illinois' rating, citing financial "mismanagement" by state leaders amid a yearlong budget impasse.S&P…
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Moody' Investors Service downgraded Northern Illinois University's ratings to Baa2 from Baa1 on its Auxiliary Facility System (about $199 million…
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The Moody's credit rating agency has downgraded $26.8 billion in Illinois's general obligation bonds, saying the move was due to the state's weakening…
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A credit analyst with Moody's Investor Service says Illinois's bond rating will remain unchanged, despite the state entering its third month without a…
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The credit rating agency Moody's says Illinois is at risk of undermining progress toward better finances. It says the failure to extend current income tax…
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A second major rating agency is downgrading Illinois' credit worthiness. Moody's Investors Service lowered the state's $27 billion in outstanding bond…
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Officials at Northern Illinois University are responding to recent action taken by Moody’s. The investors’ service downgraded the credit rating for four…