Ratings

Yvette Shields
June 4, 2020 4:18 PM

The state's ratings, just one rung above junk, are holding steady after analysts' initial review of a fiscal 2021 budget that pins hopes on future federal relief.

7 Min Read
Yvette Shields
April 30, 2020 3:57 PM

S&P revised its outlook on Detroit's speculative grade rating to negative from stable Thursday as COVID-19 clouds the city's fiscal prospects.

4 Min Read
Yvette Shields
April 28, 2020 12:56 PM

S&P Global Ratings changed its outlook on Chicago's BBB-plus rating to negative citing financial strains caused by the pandemic.

7 Min Read
April 27, 2020 3:55 PM

Fitch Ratings lowered its outlook on Hawaii's AA-plus rating to negative from stable, following a similar action by Moody's earlier this month.

2 Min Read
Yvette Shields
April 22, 2020 4:44 PM

The March losses underscore the fiscal strains for hospitals but many facilities are expected soon to resume elective surgeries and diagnostic procedures.

7 Min Read
Yvette Shields
April 16, 2020 7:21 PM

The downgrade brings Fitch into alignment with Moody's and S&P, and the negative outlook leaves Illinois without any rating room above speculative grade.

4 Min Read
Rich Saskal
April 15, 2020 5:59 PM

With coronavirus decimating the state's dominant industry of tourism, Moody's dropped Hawaii's rating outlook to negative.

1 Min Read
Andrew Coen
April 13, 2020 10:32 AM

Fitch follows Moody's in revising the Empire State's debt to negative from stable.

3 Min Read
Yvette Shields
April 9, 2020 6:00 PM

Moody’s revised its outlook on Illinois’ Baa3 rating to negative from stable; a university study warns of a worst-case $28 billion multi-year revenue hit.

5 Min Read
Andrew Coen
April 6, 2020 1:25 PM

With Atlantic City casinos closed, Fitch Ratings revised the outlook to negative from stable on Casino Reinvestment Development Authority bonds.

2 Min Read