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R.I. Infrastructure Bank receives top AAA credit ratings from Fitch and...

PROVIDENCE – The Rhode Island Infrastructure Bank’s Clean Water State Revolving Fund and Drinking Water State Revolving Fund programs have earned AAA, stable outlook...

R.I. Infrastructure Bank secures $100M in bond financing for clean water...

PROVIDENCE – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses and homeowners, has secured $100 million in Clean Water State Revolving...
MONEY MATTERS: Brown University Health is using a portion of the funds raised in a $300 million bond issue last year to finance a Miriam Hospital renovation project that will include a new emergency department. The rendering shows what the completed $125 million project will look like. 
COURTESY THE MIRIAM HOSPITAL

Health care bond use grows nationally, but uncertainty looms for R.I....

As health systems’ balance sheets and labor forces are stabilizing, the health care bond market has rebounded. But uncertainty still reigns for Rhode Island...

Fitch upgrades R.I. credit, bond ratings ahead of June 9 sale 

Chipping away at the state’s unfunded pension liability has strengthened Rhode Island’s financial footing, according to Fitch Ratings.  The credit ratings agency recently upgraded its...

State’s investment potential touted at conference

PROVIDENCE – State leaders and quasi-public agency officials touted Rhode Island's potential to possible investors ahead of next month's general obligation bonds issuance during...

Fitch upgrades Care New England’s bonds, Issuer Default Rating to ‘BB’

PROVIDENCE – Fitch Ratings recently upgraded its long-term rating on Care New England Health System’s bonds to “BB” from “BB-.” The rating applies to $101.5...

Fitch keeps Brown University Health’s outlook negative; S&P says it’s stable

PROVIDENCE – Fitch Ratings is keeping Brown University Health's outlook negative, while S&P Global Ratings has a stable outlook for the state's largest health...

Fitch upgrades RIAC bond rating to ‘A’

PROVIDENCE – Fitch Ratings has upgraded R.I. Airport Corp.’s $54 million of outstanding general-obligation bonds issued by R.I. Commerce Corp. in June 2020 from...

Fitch: RIBridges breach likely won’t affect state’s bond rating

PROVIDENCE – Fitch Ratings says it does not foresee any immediate effect on Rhode Island's “AA” bond rating and positive outlook in the wake...

Bally’s stockholders approve merger with Standard General L.P.

PROVIDENCE – Bally’s Corp.’s stockholders on Wednesday agreed to accept a buyout offer from New York-based hedge fund Standard General L.P. in a deal...
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