Tag: Fitch Ratings
Fitch: Providence Place mall defaults on mortgage loan
PROVIDENCE – The company that owns the Providence Place mall has defaulted on its mortgage and is at risk for downgrades in its bond...
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...
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...
- Featured Event -
