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Chicago convention agency readying $1 billion in borrowing to smooth recovery

JULY 1, 2021 | by Yvette Shields | FIDELITY

By Yvette Shields (The Bond Buyer), includes “The agency will head to market riding the headwinds of positive state rating action. Moody’s Investors Service late Tuesday raised the state’s rating by one notch to Baa2. That lifts MetPier’s $3 billion of debt back up to investment grade territory at Baa3 with a stable outlook as its rating is notched one below the state due to the appropriation needed to make debt service payments.”

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