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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...

Fitch downgrades U.S. bank ratings from stable to negative

PROVIDENCE – Fitch Ratings has downgraded its collective ratings outlook for U.S. banks from stable to negative over concerns about the financial impact of...

FM Global receives A+ credit rating

JOHNSTON – FM Global, a global commercial and industrial property insurer, received an A+ financial strength rating and stable outlook from AM Best, according...

Fitch Ratings: Tax reform may have contributed to slowing home price...

PROVIDENCE – The 2017 federal tax reform, which put a new limit on a deduction for state and local property tax and mortgage interest,...
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+,...

R.I. general obligation bonds receive AA rating from Fitch

PROVIDENCE – Fitch Ratings has assigned an AA rating to Rhode Island’s general obligation bonds. The rating outlook is stable. Fitch noted Rhode Island’s conservative...
FITCH RATINGS AFFIRMED FM Global's Insurer Financial Strength rating at AA (Very Strong) this month. / BLOOMBERG NEWS FILE PHOTO/SCOTT EELLS

FM Global has AA rating affirmed by Fitch

JOHNSTON – FM Global had its AA (Very Strong) Insurer Financial Strength rating from Fitch Ratings affirmed this month and its rating outlook was...
FITCH RATINGS has affirmed a BBB+ rating for the R.I. Airport Corp.'s outstanding revenue bonds and maintained a positive outlook on those bonds despite a decline in T.F. Green Airport enplanements in fiscal 2019. / COURTESY R.I. AIRPORT CORP.

Fitch affirms RIAC’s BBB+ bond rating and holds positive outlook

WARWICK – Fitch Ratings has affirmed the R.I. Airport Corp.’s BBB+ rating on $97 million outstanding revenue bonds as of June 30, the ratings...
FITCH RATINGS said that Rhode Island was one of seven states where public pensions underperformed assumptions by more than 2 percentage points from 2001 to 2017. / BLOOMBERG NEWS FILE PHOTO/SCOTT EELLS

Report: R.I. public pensions underperform assumptions by over 2 percentage points...

PROVIDENCE – Rhode Island’s state and local pensions had 10-year average returns of 5.1% and 17-year average returns of 5.7%, according to a new...

R.I. earns high marks on bonds, credit risk from Fitch...

PROVIDENCE – Rhode Island received high marks in a recent bond ratings report from New York-based Fitch Ratings, one of the big three investment...

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