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Mayor Emanuel Announces Revised Outlook On Wastewater Revenue Bonds

S&P Upgrades Rating on Upcoming Second Lien Wastewater Debt to “AA-” from “A+” with Stable Outlook; Also Raises Rating for Senior Lien Wastewater Debt to “AA” from “AA-”

CHICAGO–(ENEWSPF)–September 2, 2014.  Mayor Rahm Emanuel announced today that S&P has raised the rating on the City of Chicago’s second lien wastewater secured debt, raising the rating to ‘AA-’ from ‘A+’ with stable outlook. S&P also revised the outlook on the City of Chicago’s ’outstanding senior lien…

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