Tag: Moody’s Investors Service
Moody’s affirms Providence’s ‘A3’ bond rating
PROVIDENCE – The city’s bond is holding steady as Moody’s Investors Service affirmed its rating of “A3,” Mayor Brett P. Smiley said Thursday.
Moody’s report,...
Fitch, Moody’s, S&P Global affirm strong R.I. general obligation bond ratings
PROVIDENCE – Fitch Ratings, Moody’s Investors Service and S&P Global Ratings have each affirmed positive ratings of Rhode Island’s general obligation bonds, General Treasurer...
Moody’s upgrades Providence’s bond rating
PROVIDENCE – For the second time in four months, the city has received improved ratings from a credit agency, this time from Moody’s Investor...
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...
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...
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...
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...