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Moody’s affirms credit rating, economic outlook for R.I. Airport Corp. bonds

PROVIDENCE – The quasi-public agency that controls state airports continues to face moderate credit risk and a stable economic outlook, according to recent ratings...

Moody’s assigns ‘Aa3’ rating for RIHEBC Pawtucket bonds

PROVIDENCE – Moody’s Investors Service recently assigned strong ratings to $34 million in revenue bonds issued by the Rhode Island Health and Educational Building...

Fitch, Moody’s offer strong ratings for $135M in state capital bonds

PROVIDENCE – Credit risk is low and bond quality is high for the $135 million in soon-to-be-sold state bonds for capital projects, according to...
MOODY'S Investor Service has upgraded East Providence's general obligation credit rating from A2 to A1.

East Providence gets credit rating upgrade from Moody’s

EAST PROVIDENCE – Moody’s Investor Service has upgraded East Providence’s credit rating for its general obligation debt from A2 to A1, the city announced...
PROVIDENCE CITY Councilman Seth Yurdin has resigned from his post. / PBN FILE PHOTO/CHRIS BERGENHEIM

Moody’s, S&P assign stable ratings to Providence debt, CIP bonds

PROVIDENCE – After upping its ratings in 2019, Moody’s Investors Service and S&P Global Ratings held steady in their latest ratings for Providence’s general...

Moody’s: Providence’s economic recovery led by growth in ‘Eds and Meds’

PROVIDENCE – Over the past 50 years, Providence has endured demographic shocks, including years of population loss, declining housing values and elevated crime rates. Yet...
MOODY'S INVESTORS SERVICE has raised the city of Woonsocket's bond rating by three notches, reflecting the city's improved financial position. / BLOOMBERG FILE PHOTO/MICHAEL NAGLE

Woonsocket improves bond rating from speculative to investment grade

WOONSOCKET – The city received some good news Friday about its financial stability and its ability to raise revenue through bond sales when credit...

Moody’s upgrades Providence outlook to stable, affirms Baa1 and Baa2 debt...

PROVIDENCE – Moody’s Investors Service Inc. has affirmed Providence’s Baa1 general-obligation debt rating and Baa2 lease-revenue debt rating but has revised the outlook on...
PROVIDENCE'S DEBT ratings were affirmed by Moody's Investors Service at Baa1 and Baa2 for general obligation debt and lease revenue debt, respectively. However, Moody's upgraded the city's debt outlook from negative to stable. / PBN FILE PHOTO/MICHAEL SALERNO

Moody’s upgrades Providence outlook to stable, affirms Baa1 and Baa2 debt...

PROVIDENCE – Moody’s Investors Service Inc. has affirmed Providence’s Baa1 general obligation debt rating and Baa2 lease revenue debt rating, but has revised the...
FITCH RATINGS assigned Rhode Island's new general obligation bonds an "AA" rating. / BLOOMBERG FILE PHOTO/SCOTT EELLS

Fitch Ratings assigns R.I.’s general obligation bonds ‘AA’ rating

PROVIDENCE – Fitch Ratings assigned Rhode Island’s $149 million general obligation bonds an “AA” rating Wednesday and said the state’s economic outlook is stable. Fitch...
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