WATCH LIVE

Chicago & Suburban Cook Co.North SuburbsWest SuburbsSouth SuburbsNW Indiana
EDIT
Welcome,
Your Account
Log Out

S&P downgrades Chicago's debt rating

WLS logo
Thursday, July 9, 2015
(FILE)

Standard & Poor's is the latest ratings agency to downgrade Chicago's debt rating.

S&P lowered its rating on the city's general obligation (GO) bonds to 'BBB+' from 'A-' on Wednesday, citing a "structural imbalance" with the city's finances.

Report a correction or typo
Copyright © 2022 WLS-TV. All Rights Reserved.