Moody’s upgrades Providence outlook to stable, affirms Baa1 and Baa2 debt ratings

PROVIDENCE – Moody’s Investors Service Inc. has affirmed Providence’s Baa1 general-obligation debt rating and Baa2 lease-revenue debt rating but has revised the outlook on the city’s ratings from negative to stable, the financial services company announced June 19. The stable outlook indicates the company does not believe the city’s credit ratings will change for 12-24

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