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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...

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,...

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