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Town receives credit ratings - The Farmville Herald
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Town receives credit ratings - The Farmville Herald
Moody’s Ratings and S&P Global Ratings have assigned the Town of Farmville’s first ever credit ratings at Aa3 underlying and Aa1 enhanced and A+, respectively. “The Aa3 issuer rating reflects Farmville’s strong financial position and modest overall leverage,” according to the report issued by Moody’s. “The town’s local economy is stable and benefits from the institutional presence of Longwood University (around 4,500 students). The town’s strong…
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