Fitch upgrades RIAC bond rating to ‘A’

FITCH RATINGS has upgraded R.I. Airport Corp.’s $54 million of outstanding general-obligation bonds issued by R.I. Commerce Corp. in June 2020 from from “A-” to “A.”  /COURTESY R.I. DEPARTMENT OF TRANSPORTATION

PROVIDENCE – Fitch Ratings has upgraded R.I. Airport Corp.’s $54 million of outstanding general-obligation bonds issued by R.I. Commerce Corp. in June 2020 from from “A-” to “A.”   Fitch on Feb. 27 said the decision to improve its RIAC rating was based on a number of factors, including Rhode Island T.F. Green International Airport’s

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