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The original item was published from 10/19/2023 2:50:33 PM to 10/19/2023 3:02:09 PM.

Community Updates

Community Updates

Posted on: October 19, 2023

[ARCHIVED] Investment Grade S&P Credit Rating Achieved

Generic News Update

The Village of Lombard has recently achieved a significant milestone in its financial journey. S&P Global Ratings (S&P) has assigned a rating of BBB to the Village with a Stable Outlook. This represents an increase in the Village's Issuer Credit Rating (ICR) by six notches since its last rating in 2018 when it was rated B. This notable increase has improved the Village's financial standing and is a positive indicator of its financial stability.

View the full story HERE.

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