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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...

Pawtucket achieves budget surplus for sixth year in a row

PAWTUCKET – The city has achieved a budget surplus for the sixth year in a row, it announced on Feb. 5.According to an independent...
James Diossa is the mayor of Central Falls. / COURTESY CITY OF CENTRAL FALLS

Central Falls credit upgraded to one notch below ‘investment grade’

CENTRAL FALLS – Citing stable operations and positive financial performance since its bankruptcy in 2012, Moody’s Investors Service upgraded Central Falls credit rating to...
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