Fitch gives solid investment grade ratings to new state bonds

TYPIFIED BY SCHOOLS FOR HIGHER-LEARNING such as The University of Rhode Island in South Kingstown, shown above, credit ratings firm Fitch noted that Rhode Island's economy is
TYPIFIED BY SCHOOLS FOR HIGHER-LEARNING such as The University of Rhode Island in South Kingstown, shown above, credit ratings firm Fitch noted that Rhode Island's economy is "weighted toward education and health services." / COURTESY UNIVERSITY OF RHODE ISLAND
PROVIDENCE – Predicting modest economic growth in Rhode Island and noting "prudent fiscal management" in state government, Fitch Ratings gave solid investment-grade ratings for up to $31 million in state bonds being issued for sale this year to fund the revamping of Eleanor Slater Hospital in Cranston and for energy-saving projects at the University of…

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