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Article: Moody's confirms Chicago Board of Education bonds.
- Article from:
- PR Newswire
- Article date:
- March 31, 1989
CopyrightCOPYRIGHT 1989 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MOODY'S CONFIRMS CHICAGO BOARD OF EDUCATION BONDS
NEW YORK, March 31 /PRNewswire/ -- Effective today, Moody's Investors Service confirmed the Baa rating on the Chicago Board of Education's general obligation bonds. Moody's said, "The Chicago Board of Education is at a significant crossroad, as it faces many challenges in implementing a sweeping educational reform program. While the board has demonstrated the ability to exert financial control over the last several years, it must now continue to maintain that trend and at the same time provide for the structural and financial changes associated with decentralization."
The current review was ...