S&P Global Ratings assigned its 'BB' rating to the Illinois Finance Authority 's approximately $25.9 million series 2025A revenue and refunding bonds and $4.3 million series 2025B bonds, issued for The Chicago Theatre Group (the Goodman Theatre or the Goodman). The outlook is stable. CHICAGO (S&P Global Ratings) March 12, 2025-- S&P Global Ratings today took the rating actions listed above. We analyzed the Goodman's environmental, social, and governance (ESG) credit factors pertaining to its market position, management and governance, and financial performance, and found them to be neutral in our credit rating analysis. The stable outlook reflects our expectation that management will work to improve operating performance, with a more modest deficit expected in fiscal 2025, while attendance continues
