Fitch Ratings affirms Pawtucket IDR rating at ‘A-minus,’ general obligations at ‘A-plus’

FITCH RATINGS has affirmed the city of Pawtucket’s “A-plus” rating for its general obligation bonds and “A-minus” for its issuer default rating, and described the city’s outlook as “stable.” / BLOOMBERG FILE PHOTO/SCOTT EELLS
PAWTUCKET – The city received a bit of good economic news recently when Fitch Ratings, one of the big three credit rating agencies, affirmed its solid ratings of “A-plus” for its general obligation bonds and “A-minus” for its issuer default rating, in addition to its “stable” outlook. On the Fitch scale, the “A-plus” and “A-minus”…

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