Moody's Talks - Muniland

Chicago and Illinois’ prospects brighten; US public finance sector proves durable

Episode Summary

David Levett and Ted Hampton of the US Public Finance team delve into Chicago and the State of Illinois’ improved prospects despite heavy pension obligations. Also, Sarah Jensen and Al Medioli discuss the lack of pandemic-driven defaults among US public finance credits we rate.

Episode Notes

Inside this episode:

David Levett and Ted Hampton of the US Public Finance team delve into Chicago and the State of Illinois’ improved prospects despite heavy pension obligations. (begins at 1:29 mins)
Sarah Jensen and Al Medioli discuss the lack of pandemic-driven defaults among US public finance credits we rate. (begins at 8:43 mins)

Related content:

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US Public Finance: US municipal bond defaults and recoveries, 1970-2020 - This study updates our findings concerning the default, loss and rating transition experience of US municipal bond issuers from 1970 to 2020.