Thursday, January 20, 2022

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FITCH RATINGS has upgraded the city of Providence financial outlook to "positive" and affirmed the "A-" rating for two of its general obligation bonds and its "BBB" issuer default rating for the city.

Fitch Ratings upgrades Providence’s financial outlook, affirms ratings

PROVIDENCE – The city of Providence is holding steady financially, according to Fitch Ratings. The agency has affirmed "A-" ratings for two of the city's...
FITCH RATINGS affirmed Lifespan's 2016 revenue bonds at a BBB+ rating, but downgraded the rating outlook from stable to negative following weak financial results.

Fitch affirms Lifespan bond rating but downgrades outlook to negative

PROVIDENCE – Fitch Ratings downgraded their outlook for Lifespan Corp. from stable to negative, while affirming the health system’s revenue bond rating of BBB+,...
MOODY'S INVESTORS SERVICE has raised the city of Woonsocket's bond rating by three notches, reflecting the city's improved financial position. / BLOOMBERG FILE PHOTO/MICHAEL NAGLE

Woonsocket improves bond rating from speculative to investment grade

WOONSOCKET – The city received some good news Friday about its financial stability and its ability to raise revenue through bond sales when credit...
TYPIFIED BY SCHOOLS FOR HIGHER-LEARNING such as The University of Rhode Island in South Kingstown, shown above, credit ratings firm Fitch noted that Rhode Island's economy is "weighted toward education and health services." / COURTESY UNIVERSITY OF RHODE ISLAND

Fitch gives solid investment grade ratings to new state bonds

PROVIDENCE – Predicting modest economic growth in Rhode Island and noting "prudent fiscal management" in state government, Fitch Ratings gave solid investment-grade ratings for...

Fitch gives Cranston high bond ratings

CRANSTON - Fitch Ratings Inc. has given high investment grade bond ratings to Cranston, saying it reflects the city’s solid financial condition and tax...

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