Fitch assigns ‘AAA’ rating to R.I. Infrastructure Bank bonds

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FITCH RATINGS has assigned an “AAA” rating and stable outlook to $127.9 million in bonds issued by the Rhode Island Infrastructure Bank.
PROVIDENCE – Fitch Ratings has assigned an “AAA” rating and stable outlook to $127.9 million in bonds issued by the Rhode Island Infrastructure Bank, according to a news release. The bonds, which come through the bank’s state revolving fund, will be used to offer upfront, advanced payments to borrowers on an existing set of bonds…

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