Fitch downgrades outlook on T.F. Green revenue bonds amid COVID-19 flight slowdowns

T.F. GREEN had its BBB+ credit rating affirmed by Fitch Ratings but had its outlook downgraded to negative due to the COVID-19 pandemic. / PBN FILE PHOTO/MIKE SKORSKI
T.F. GREEN had its BBB+ credit rating affirmed by Fitch Ratings but had its outlook downgraded to negative due to the COVID-19 pandemic. / PBN FILE PHOTO/MIKE SKORSKI
WARWICK – T.F. Green Airport was one of several airports to have its revenue bond outlook revised to a negative outlook by Fitch Ratings this week. Fitch affirmed the airport’s BBB+ rating, but altered its positive outlook to a negative outlook due to the impacts of the COVID-19 pandemic. The downgrade in outlook reflects “the…

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