Fitch upholds BBB+ rating for Woonsocket, downgrades outlook from positive to stable

WOONSOCKET – Fitch Ratings upheld its bond and issuer default ratings for the city, but downgraded its rating outlook from positive to stable amid the broader economic decline, according to a news release. The ratings agency upheld its BBB+ IDR rating for the city, citing positive operating margins for municipal and school departments in the…

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