The Archdiocese of Chicago may sell bonds as it looks to raise money after spending for construction, clergy wrongdoing and running parishes, according to a report.
No one would confirm a bond sale is planned, but Moody's Investors Service Inc. gave the archdiocese its highest rating Wednesday night for a proposed $151.5 million sale, according to the Chicago Tribune.
archdiocese's first since Cardinal George Mundelein used the tool in the early 20th century to finance an expansion campaign
Archdiocese receives top rate--
No comments:
Post a Comment