After last year's budget stalemate, Standard & Poor’s dropped Chicago's bond rating, which determines the city’s borrowing ...

The three major bond ratings agencies are Moody's, Standard & Poor's, and Fitch Ratings. Investment-grade bonds offer lower interest but high safety; speculative ones have higher risk and return.

On Tuesday, the Standard & Poor's Global Ratings upgraded Petersburg’s general obligation bond rating to AA- from A+. The city said on its website the 2024 bond proceeds will finance the new ...

Westerville, Ohio, retains its Aaa bond rating for the 12th time, signaling investor confidence and low borrowing costs.

The risk that a company or government might not pay back the principal amount of a bond is called default risk. Globally, ...

By Nancy Huddleston, Editor The city of Savage retained its AA+ rating from Standard & Poor’s in two bond sales this week that will finance improvements to the public works building and ...

Editor The city of Savage retained its AA+ bond rating when $14.9 million worth of bonds were recently sold. The bond sales included $5.160 million in taxable General ...

But Chicago still was not spared from the borrowing consequences. Standard & Poor’s has dropped Chicago’s bond rating from BBB+ to BBB. The lowest investment grade is BBB-. Anything lower is ...

Johnstown Redevelopment Authority’s long-term S&P Global Ratings underlying bond evaluation was recently upgraded to “BB+” from “BB.” That keeps the agency in the speculative grade, but now with a ...

January 31, 2025 by The Town of Hingham The Town of Hingham again secured a coveted AAA rating from the leading credit rating agencies. This exceptional rating reflects the Town’s strong fiscal ...

Imagen de archivo de un hombre caminando frente al edificio de Standard & Poor's en el distrito financiero de Nueva York, Estados Unidos. 5 de febrero, 2013. REUTERS/Brendan McDermid/Archivo BCP ...