Tag: S&P Global Ratings
R.I. Infrastructure Bank receives top AAA credit ratings from Fitch and...
PROVIDENCE – The Rhode Island Infrastructure Bank’s Clean Water State Revolving Fund and Drinking Water State Revolving Fund programs have earned AAA, stable outlook...
RIHEBC approves updated bond issuance for sale of Roger Williams Medical...
PROVIDENCE – A quasi-public state funding group has revised bond issuances needed to fund the sale of two cash-strapped hospitals.
In April, the Rhode Island...
R.I. Infrastructure Bank secures $100M in bond financing for clean water...
PROVIDENCE – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses and homeowners, has secured $100 million in Clean Water State Revolving...
Health care bond use grows nationally, but uncertainty looms for R.I....
As health systems’ balance sheets and labor forces are stabilizing, the health care bond market has rebounded. But uncertainty still reigns for Rhode Island...
Fitch upgrades R.I. credit, bond ratings ahead of June 9 sale
Chipping away at the state’s unfunded pension liability has strengthened Rhode Island’s financial footing, according to Fitch Ratings.
The credit ratings agency recently upgraded its...
RIHEBC approves up to $165M in bonds for sale of Fatima,...
PROVIDENCE – A quasi-public state funding group moved forward with bond issuances that are crucial to financing the sale of two cash-strapped hospitals.
On Thursday,...
Bally’s stockholders approve merger with Standard General L.P.
PROVIDENCE – Bally’s Corp.’s stockholders on Wednesday agreed to accept a buyout offer from New York-based hedge fund Standard General L.P. in a deal...
S&P downgrades rating on Woonsocket’s water revenue bonds
WOONSOCKET – S&P Global Ratings lowered its long-term rating on Woonsocket's water revenue bonds to “BBB+” from “A-” and removed the rating from CreditWatch,...
Bally’s agrees to New York hedge fund’s buyout offer valued at...
PROVIDENCE – Rhode Island-based Bally’s Corp. on Thursday agreed to accept a buyout offer from hedge fund Standard General L.P. in a deal that...
Fitch, S&P give AAA credit rating to Rhode Island Infrastructure Bank
PROVIDENCE – Rhode Island Infrastructure Bank says it has received AAA ratings from Fitch Ratings and S&P Global Ratings on the bank's $41.7 million...
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