Various Illinois Public Universities Rating Outlooks Revised To Stable From Negative On Reduced Fiscal Uncertainty - S&P Global Ratings’ Credit Research

Various Illinois Public Universities Rating Outlooks Revised To Stable From Negative On Reduced Fiscal Uncertainty

Various Illinois Public Universities Rating Outlooks Revised To Stable From Negative On Reduced Fiscal Uncertainty - S&P Global Ratings’ Credit Research
Various Illinois Public Universities Rating Outlooks Revised To Stable From Negative On Reduced Fiscal Uncertainty
Published May 21, 2021
3 pages (1373 words) — Published May 21, 2021
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Abstract:

CHICAGO (S&P Global Ratings) May 21, 2021--S&P Global Ratings revised the outlook to stable from negative on five public universities in the State of Illinois: Illinois State University, Southern Illinois University, Western Illinois University, Northeastern Illinois University, and Eastern Illinois University. After this action, all of the Illinois public universities rated by S&P Global Ratings hold stable outlooks. The outlook revisions reflect the waning of fiscal and economic uncertainty stemming from the COVID-19 pandemic and subsequent economic downturn. The rating action was spurred by 2021 events, including the outlook revision to stable from negative on Illinois' (BBB-/Stable) general obligation debt outstanding (see "State Of Illinois Debt Rating Outlook Revised to Stable From Negative on Better-Than-Expected Performance," published March 9, 2021,

  
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Ratings Action

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Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Various Illinois Public Universities Rating Outlooks Revised To Stable From Negative On Reduced Fiscal Uncertainty" May 21, 2021. Alacra Store. May 10, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Various-Illinois-Public-Universities-Rating-Outlooks-Revised-To-Stable-From-Negative-On-Reduced-Fiscal-Uncertainty-2652809>
  
APA:
S&P Global Ratings’ Credit Research. (). Various Illinois Public Universities Rating Outlooks Revised To Stable From Negative On Reduced Fiscal Uncertainty May 21, 2021. New York, NY: Alacra Store. Retrieved May 10, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Various-Illinois-Public-Universities-Rating-Outlooks-Revised-To-Stable-From-Negative-On-Reduced-Fiscal-Uncertainty-2652809>
  
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