Fitch rates R.I.’s outlook ‘stable’

NEW YORK – Rhode Island landed an “outlook stable” grade from Fitch Ratings. The global rating agency assigned an “AA” rating to $96.35 million in general obligation bonds from the consolidated capital development loan of 2012. Fitch also affirmed the “AA” rating of Rhode Island’s $1.19 billion in outstanding state general obligation bonds and an…

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