Moody's assigns Baa2 to Providence PBA, RI's $95M revenue bonds; outlook stable
Rating Action: Moody's assigns Baa2 to Providence PBA, RI's $95 M revenue bonds; outlook stable. Global Credit Research- 26 Feb 2020. New York, February 26, 2020-- Moody's Investors Service has assigned a Baa2 rating to the Providence Public Buildings Authority, RI's $95 million Revenue Bonds, 2020 Series A. We maintain the Baa2 rating on the outstanding debt issued by the authority as well as a Baa1 rating on the City of Providence, RI's outstanding general obligation debt.
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