Moody’s upgrades $105M bond issue rating for Rhode Island Housing

BARBARA FIELDS is the executive director of Rhode Island Housing. oody’s Investor Service has upgraded the rating for bond series to be issued by Rhode Island Housing to Aa1. / PBN FILE PHOTO RUPERT WHITELEY
BARBARA FIELDS is the executive director of Rhode Island Housing. oody’s Investor Service has upgraded the rating for bond series to be issued by Rhode Island Housing to Aa1. / PBN FILE PHOTO RUPERT WHITELEY
PROVIDENCE — Moody’s Investor Service has upgraded the rating for bond series to be issued by Rhode Island Housing.  The ratings increase of one position, to Aa1, could result in reduced borrowing costs for the housing corporation, according to a statement issued last week by Executive Director Barbara Fields.  “A stronger bond rating is an…

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