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Article: Fitch Places State of Rhode Island GOs on Rating Watch Negative.
- Article from:
- Business Wire
- Article date:
- November 20, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK -- Fitch Ratings has placed the State of Rhode Island and Providence Plantations' approximately $1.5 billion outstanding general obligation (GO) and related state appropriation-backed bonds on Rating Watch Negative, as follows:
Rhode Island & Providence Plantations, State of RI:
--State GO bonds 'AA';
--State lease participation certificates 'AA-'.
Rhode Island Refunding Bond Authority: