Moody’s, S&P assign stable ratings to Providence debt, CIP bonds

By
-
PROVIDENCE CITY Councilman Seth Yurdin has resigned from his post. / PBN FILE PHOTO/CHRIS BERGENHEIM
THE CITY OF PROVIDENCE received stable credit ratings from Moody's Investor Services and S&P Global Ratings for its general obligation debt and the Providence Public Building Authority bonds. / PBN FILE PHOTO/CHRIS BERGENHEIM
PROVIDENCE – After upping its ratings in 2019, Moody’s Investors Service and S&P Global Ratings held steady in their latest ratings for Providence’s general obligation debt and the Providence Public Building Authority’s lease-revenue bonds, the city announced on Monday. The latest ratings assigned by the credit agencies last week reflect the city’s stable financial position,…

Register to keep reading or subscribe today and receive unlimited access.
Register Now Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

RELATED ARTICLESMORE FROM AUTHOR