Tag: Fitch Ratings
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...
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...
Fitch affirms ‘AA’ credit rating, ‘stable’ outlook for FM Global
JOHNSTON – FM Global, among the world’s largest commercial and industrial property insurers, has received an “AA” financial strength affirmation from Fitch Ratings, the...
Fitch Ratings affirms Pawtucket IDR rating at ‘A-minus,’ general obligations at...
PAWTUCKET – The city received a bit of good economic news recently when Fitch Ratings, one of the big three credit rating agencies, affirmed...
Fitch Ratings affirms Providence IDR rating at ‘BBB’ and general obligations...
PROVIDENCE – Fitch Ratings has affirmed the city of Providence’s “A-” rating on its outstanding general obligation bonds and affirmed a “BBB” rating for...
RIAC receives positive rating outlook from Finch
WARWICK – Fitch Ratings has revised the R.I. Airport Corp.’s ratings outlook from stable to positive, citing increased enplanements and reduced costs for airlines...
Fitch gives solid investment grade ratings to new state bonds
PROVIDENCE – Predicting modest economic growth in Rhode Island and noting "prudent fiscal management" in state government, Fitch Ratings gave solid investment-grade ratings for...
Fitch switches ‘rating watch evolving’ CNE note to positive outlook
PROVIDENCE – Fitch Ratings Inc. has removed the “rating watch evolving” note from Care New England’s credit rating, replacing it with a positive outlook...
Fitch gives Cranston high bond ratings
CRANSTON - Fitch Ratings Inc. has given high investment grade bond ratings to Cranston, saying it reflects the city’s solid financial condition and tax...
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