Ratings agencies again affirm GRU’s direction with stable ratings
The agencies cited improved affordability, lower leverage and a stable outlook as GRU prepares to issue $150 million in bonds.
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Credit rating agency keeps Jacksonville at AA+; city seen financially strong despite pension, debt risks
Fitch Ratings’ AA+ with a stable outlook means Jacksonville is viewed as financially strong and likely to borrow more cheaply, though its high long‑term pension and debt obligations remain a risk.
A cautionary note put Todd Martínez, co-head Sovereign Ratings Americas of Fitch Ratings, when analyzing the implications for Chile's risk classification of its public debt still approaching the limit that the country has self-imposed, of 45% of GDP. At the end of the second quarter this was 43.1% of GDP. In the framework of the Fitch On Chile conference, held this Wednesday, Martínez referred to the fiscal consolidation plans of the Executive, …
Ratings agencies again affirm GRU’s direction with stable ratings
All three ratings agencies affirmed GRU’s stable financial outlook this week, supporting GRU’s ongoing plan to reduce debt, maintain lower transfers to the City’s General Fund, manage generating assets, improve liquidity ratios, and offer competitive rates. The post Ratings agencies again affirm GRU’s direction with stable ratings appeared first on Alachua Chronicle.
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