"It's Junk!" - Illinois' Borrowing Costs 5 Times Higher Than AAA-Rated States
May 20th 2020 4:25pm EDT
“It’s Junk!” – Illinois’ Borrowing Costs 5 Times Higher Than AAA-Rated States Tyler Durden Wed, 05/20/2020 – 16:25 Authored by Ted Dabrowski and John Klingner via Wirepoints.org, A new borrowing by Illinois shows lenders are already treating the state like it’s junk-rated. Last week, Illinois raised $800 million from the bond market with repayment dates through 2045. The […]
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