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BRIEF-S&P - Chicago, IL GO Bond rating outlook revised to stable from negative on water/sewer tax approval
October 7, 2016 / 4:06 PM / a year ago

BRIEF-S&P - Chicago, IL GO Bond rating outlook revised to stable from negative on water/sewer tax approval

Oct 7 (Reuters) - S&P On Chicago

* S&P -Chicago, IL GO Bond rating outlook revised to stable from negative on water/sewer tax approval

* S&P on Chicago -Outlook revision reflects of council’s approval of new water/sewer tax, that supports larger contributions into poorly funded municipal employees’ pension plan

* S&P on Chicago -Affirmed 'BBB+' rating on Chicago's outstanding go debt, 'BBB' rating on Chicago's series 1997 GO limited tax building acquisition certificates Source text :[ID:bit.ly/2dB3xTf]

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