Moody’s gives Illinois another credit upgrade – Capitol News IL

Moody’s Investors Service has upgraded Illinois’ bond rating to A3, marking the eighth credit upgrade the state has received in less than two years. In its announcement, Moody’s cited the state’s “improving governance” as a key factor in its decision. Moody’s is one of many firms that now assesses companies and governments on an “environmental, social and governance,” or ESG, framework.