fbpx
Home Tags Moody’s

Tag: Moody’s

How does CT keep economic momentum going forward? DECD’s Lehman has...

While one might expect David Lehman to call himself "very positive on Connecticut over the next two years,” he appears to have the data and vision to back that claim up.

CT receives first bond rating upgrade in over two decades

“The next step is to continue building a stable foundation for future growth and financial sustainability as we emerge from the Covid crisis," said State Treasurer Shawn Wooden.

Conn. Gov. Lamont touts state’s financial turnaround in 2019

Armed with positive remarks by several credit rating agencies and data from a National Association of State Budget Officers survey, the governor said the work done during his first year in office "is showing results, and Wall Street is taking notice."

Lamont touts latest round of credit ratings for Connecticut

The credit rating agencies, investors, businesses around the globe, and our taxpayers are watching what we do and have responded positively – so far," the governor said.

Moody’s: Connecticut’s Rainy Day Fund at ‘Highest Ever’

Moody’s said this was a welcome development in view of Connecticut’s fiscal problems.

Lack of state budget could put CT municipalities in financial bind,...

Within Fairfield County, Bridgeport, Shelton and Stratford are the localities under consideration for ratings downgrades.

Norwalk’s triple-A bond rating reaffirmed by three major rating agencies

The city sought the ratings in advance of a $35 million bond sale planned for July 18.

Moody’s downgrades Connecticut’s general obligation debt

Moody's also downgraded its outstanding ratings on the state’s special tax obligation senior and subordinate lien bonds to A1 from Aa3.

Moody’s: CT’s weak economy is the ‘new normal’

The agency believes that Connecticut's economy is unlikely to improve over the next several years.

Moody’s settles Connecticut lawsuit on misleading ratings

$864 million settlement also resolves federal charges.

Bridgeport Bonds Get A2 Rating with a Warning

A trio of bonds issued by Bridgeport receive A2 rating from Moody's, along with a major caveat.

Kroll downgrades state’s credit rating

Standard & Poor's and Fitch have also downgraded the state, while Moody's maintains a negative outlook.

New Rochelle mulls redevelopment as finances improve

Moody's lifts negative outlook as City Council considers transit oriented development downtown

Fitch gives Conn. ‘negative’ bond outlook

Fitch Ratings dropped Connecticut's general obligation bond outlook to "negative" from "stable" in a July 2 review, while maintaining the state's AA rating.

Investing in the future, with prudence

With the state in a precarious fiscal position, Malloy and the General Assembly would do well to re-think the scale of the “Next Generation” proposal to target improvements that can be made without the state having to bond for $1.54 billion in capital upgrades.