Standard & Poors

Bond Rating Holds Steady
The City of New Bedford has maintained its AA - bond rating. The announcement came from the Standard-&-Poors Bond Rating Service. Its the highest rating the city has received since 1970. Chief Financial Officer Ari Sky tells WBSM News, the bond rating means New Bedford is paying lower interest rates when borrowng money. "W...
S&P Raises Bond Ratings For Freetown And Four Other Cities
S&P Raises Bond Ratings For Freetown And Four Other Cities
S&P Raises Bond Ratings For Freetown And Four Other Cities
At least five Massachusetts, including Freetown, cities have begun the new year on an optimistic note after a major credit service raised their bond ratings, citing their strong economic and budgetary performances.       A bond rating for the state is like a credit rating for a person. The...