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National ratings agencies affirm R.I. credit rating ahead of bond sale

PROVIDENCE – Rhode Island is well-positioned for the upcoming sale of its general obligation bonds after receiving stable ratings from all three major credit...

Fitch affirms Pawtucket bond, credit risk ratings

PAWTUCKET – Fitch Ratings recently affirmed its existing ratings for the city’s general obligation bonds and credit risk. The March 5 analysis cited state statutes...
HOME PRICES in Rhode Island were estimated to be 10-14% overvalued in the third quarter of 2020. /AP FILE PHOTO/DAVID ZALUBOWSKI

Fitch Ratings: R.I. home prices up to 14% overvalued in Q3

PROVIDENCE – Homes in Rhode Island were 10% to 14% overvalued in the third quarter of 2020, according to a new report from Fitch...

Fitch affirms bond rating, economic outlook for RITBA

PROVIDENCE – Fitch Ratings has affirmed its “A” rating and stable outlook for the $48 million of R.I. Turnpike and Bridge Authority bonds, according...

Fitch, S&P affirm Providence bond ratings

PROVIDENCE – Fitch Ratings and S&P Global have affirmed their respective A- and BBB+ ratings for the city of Providence’s general obligation bonds, the...

Fitch affirms state credit risk and bond ratings, offers stable outlook

PROVIDENCE – Fitch Ratings recently affirmed the state’s existing credit risk and bond ratings and offered a stable rating outlook. The state’s Issuer Default Rating...

Fitch upholds BBB+ rating for Woonsocket, downgrades outlook from positive to...

WOONSOCKET – Fitch Ratings upheld its bond and issuer default ratings for the city, but downgraded its rating outlook from positive to stable amid...

Fitch revises RISD outlook from stable to negative, affirms A+ bond...

PROVIDENCE – Amid lower enrollment and financial pressures posed by the COVID-19 pandemic, Fitch Ratings has downgraded its ratings outlook for Rhode Island School...

S&P downgrades Care New England’s bond rating, projects negative outlook

PROVIDENCE – S&P Global Ratings on June 30 downgraded Care New England’s bond rating, citing ongoing financial problems exacerbated by the COVID-19 pandemic, WPRI-TV...
T.F. GREEN had its BBB+ credit rating affirmed by Fitch Ratings but had its outlook downgraded to negative due to the COVID-19 pandemic. / PBN FILE PHOTO/MIKE SKORSKI

Fitch downgrades outlook on T.F. Green revenue bonds amid COVID-19 flight...

WARWICK – T.F. Green Airport was one of several airports to have its revenue bond outlook revised to a negative outlook by Fitch Ratings...

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