S&P Global Ratings has assigned Stoneweg European Real Estate Investment Trust (Stoneweg E-Reit) a “BBB-” long-term issuer credit rating, as it expects the trust to deliver stable operational ...
Standard & Poor’s has dropped Chicago’s bond rating from BBB+ to BBB. The lowest investment grade is BBB-. Anything lower is considered “junk.” The move is expected to cost Chicago ...
S&P Global Ratings downgraded Chicago's general obligation debt to BBB from BBB-plus Tuesday, saying the city's 2025 budget fails to address a persistent structural imbalance. The outlook ...
The lowering of the city’s general obligation debt from BBB+ to BBB will make it more expensive for the city to borrow. “The rating action also reflects our view that following the 2025 budget ...