Reuters logo
S&P cuts LaSalle, Ill.'s GO rating 2 notches to 'A-'
May 2, 2013 / 8:01 PM / 4 years ago

S&P cuts LaSalle, Ill.'s GO rating 2 notches to 'A-'

May 2 (Reuters) - Standard & Poor’s Ratings Services said on Thursday it lowered LaSalle, Ill.’s general obligation bond rating to A-minus from A-plus.

S&P said the downgrade was due in part to a drop in the city’s general fund balance to a negative level, and an adequate, but below-average income level.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below