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10 months ago
BRIEF-s&p lowers Chicago Motor Fuel Tax Revenue Bond rating to 'BBB-'
October 18, 2016 / 5:35 PM / 10 months ago

BRIEF-s&p lowers Chicago Motor Fuel Tax Revenue Bond rating to 'BBB-'

Oct 18 (Reuters) - S&P Global Ratings:

* S&P - Chicago Motor Fuel Tax Revenue Bond rating lowered to 'BBB-' due to state's appropriation bond rating downgrade

* S&P on Chicago Motor Fuel Tax Revenue Bond - Lowered rating reflects recent downgrade of the state of Illinois' appropriation bond rating to 'BBB-' Source text (bit.ly/2eeQuXY)

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