A second financial ratings agency has downgraded Chicago Public Schools' debt rating to junk status, reinforcing Wall Street's dim view of the district's finances.

BING NEWS:
  • Even Paramount's Debt Rating Is Now ‘Junk'
    Standard & Poor's cut Paramount Global's credit rating for senior unsecured debt to a "BB+," down from a "BBB-." Talk about "poor." Paramount's credit rating, which will carry through 2025, is now in ...
    03/27/2024 - 11:40 am | View Link
  • Paramount Global Debt Cut to Junk Status by S&P Global
    S&P Global has officially downgraded Paramount Global debt to junk status at BB+, from BBB-, or one level below investment grade. The credit rating agency made the move on "weak credit metrics," with ...
    03/27/2024 - 9:00 am | View Link
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