Lincoln-Way District 210 received a Moody's bond rating upgrade to Aa3 after a decade of financial recovery and bond restructuring. The higher rating lowers borrowing costs and positions the district to finance future capital and facility needs more cheaply. Vendors in facilities, capital projects, and related professional services should expect the district to have greater capacity for upcoming bond-funded work and can monitor for new capital plans or construction programs.
District restructured $130 million of bonds in 2022 at 1.76% interest, reducing debt by about $22 mi...