Tag: bond ratings
Downgrade of U.S. credit rating shouldn’t be downplayed
The formerly pristine reputation of the U.S. government’s debt lost a little more luster after a prominent rating agency demoted Uncle Sam from its...
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 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+,...
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...
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...