Chicago takes it up a notch

A one-notch upgrade has Chicago moving into investment grade. The city is set to benefit from a policy calling for greater pension contributions aimed at preventing growth in its unfunded pension burden.  Guests: Rachel Cortez, Associate Managing Director, Moody’s Investors Service and David Levett, Vice President – Senior Analyst, Moody’s Investors Service Host: Nick Samuels – Senior Vice President, Moody’s Investors Service Related content on Moodys.com (may only be available to registered users or subscribers):City of Chicago, IL: Update to credit analysis following upgrade to Baa3 stable