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Title

  • Treasurer Dan Rutherford Bond Rating Press Conference

Description

  • Standard and Poors has announced another downgrade of Illinois General Obligation bond debt. Illinois has now sunk to an A- rating with a negative outlook, the lowest of all 50 states. SandP states, The downgrade reflects what we view as the states weakened pension funded ratios and lack of action on reform measures. This rating action is now the eighth negative issuance against Illinois by the various ratings agencies to Illinois bonding entities since the beginning of 2012.


Originally Deposited as: 26022

Published By:
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Language(s): EN-English

Volume or Year: 2013
Number or Issue: January 26

Date Created: 01 26 2013
Date Last Modified: 01 26 2013

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1. Treasurer Dan Rutherford Bond Rating Press Conference (012613TREASUplink.doc).
Document Size:481792 Software: Microsoft Office Word Version: 97-2003

This is part of a series. It is part of Press releases from the Governor's agencies: 46270