Report

Moody's revises Providence, RI outlook to stable from negative; affirms Baa1 on GO and Baa2 lease debt

Moody's Investors Service has changed the outlook on the City of Providence, Rhode Island to stable from negative. Concurrently, we have affirmed the city's Baa1 general obligation rating and Baa2 lease ratings. The rating action impacts outstanding debt totaling approximately $466 million. ...
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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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