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Moody’s May Downgrade Illinois Public Universities

UncategorizedBy NewsApril 18, 2017Leave a comment

Chicago  (AP)  Moody’s Investors Service says it will review most of Illinois’s public universities for potential credit downgrades over the next three months. The bond credit rating business made the announcement today, the same day it bumped Northeastern Illinois University’s credit down two levels. Moody’s made the change citing “weakened cash flow” due in part…

Moody’s lowers Illinois’ credit rating over budget impasse

UncategorizedBy NewsJune 9, 2016Leave a comment

Lawmakers adjourned their spring session last month without approving a budget for the second straight year

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