Fitch assigns AA rating to R.I. general-obligation bonds

PROVIDENCE – Fitch Ratings has assigned an AA rating to Rhode Island’s $40.65 million in 2013 consolidated-loan, general-obligation bonds, the agency announced Wednesday. In addition, Fitch affirmed the AA rating of the state’s $1.17 billion in outstanding GO bonds and the AA- rating of $556.6 million in outstanding appropriation-backed debt. The rating outlook for all…
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