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The Chicago Board of Education's $6.1B in general obligation bonds get downgraded to A/Negative...

The Chicago Board of Education's $6.1B in general obligation bonds get downgraded to A/Negative outlook from A+/Neg.Outlook by Fitch. The recent strike settlement results in "considerable increased costs" at a time of "highly stressed operations," says the agency, and already weak pension funded ratios have been exacerbated.
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