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Providence is ready to roll the dice on pension obligation bond

Providence is ready to roll the dice on pension obligation bond
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Rhode Island plays catchup on school construction

Rhode Island plays catchup on school construction
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S&P, Moody's, and Fitch Affirm Rhode Island's AA Credit Rating

S&P, Moody s, and Fitch Affirm Rhode Island s AA Credit Rating
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Rhode Island General Treasurer Seth Magaziner released the following statement regarding the strong AA credit ratings issued by S&P and Fitch, and the Aa2 rating issued by Moody s for the State of Rhode Island. The ratings from all three agencies come in advance of a bond issuance scheduled in April to fund key economic and infrastructure projects recently approved by voters.
These ratings show that our quick action to stabilize the state s finances during the COVID-19 pandemic and our commitment to strong financial management are paying off. A high credit rating is crucial to Rhode Island s ability to continue to grow the economy. I m pleased that the ratings agencies have continued to recognize our progress with these strong ratings, said Rhode Island General Treasurer Seth Magaziner. ....

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Rhode Island Pension Fund Continues to Outperform in New Year

The Rhode Island Pension Fund continues to build upon the success of the last year, when it closed out 2020 at an all-time high, surpassing $9 billion in assets ....

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Rhode Island Pension Fund Surpasses $9 Billion for the First Time

Rhode Island Pension Fund Surpasses $9 Billion for the First Time
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