Illinois delays bond issue following credit downgrade

By   /  January 30, 2013  /  Featured, Finances, Illinois, Illinois Budget, New Jersey Video  /  No Comments

ROLL CREDITS: Quinn says the bond sale will go on "after the markets have had time to digest the news.”

SPRINGFIELD, Il. — Illinois slammed the brakes on a $500 million bond issue Wednesday after receiving a rating downgrade from S&P Rating Services on Friday.

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