Report

Correction to Text, August 14, 2025 Release: Moody's Ratings upgrades Pennsylvania-American Water to A2 from A3; outlook stable

The press release was corrected as follows: the List of Affected Ratings was updated to reflect the following upgrades: Issuer: Clarion (County of) PA, I.D.A. ..Upgrades: .... Underlying Senior Secured Revenue Bonds, Upgraded to Aa3 from A1 .... Backed Senior Secured Revenue Bonds, Upgraded to ...
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Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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