Tuesday, February 25, 2020

Maryland retains Triple A rating as $800M bond sale approaches

The nation’s three major bond agencies — S&P Global Ratings, Moody’s Investors Service and Fitch Ratings — reaffirmed Maryland’s coveted AAA bond rating in advance of an upcoming sale of up to $800 million in general obligation bonds. Maryland State Treasurer Nancy Kopp said Tuesday that the proceeds from the competitive sale of the bonds will be used to finance capital projects for public schools, community colleges, universities and hospitals. The Board of Public Works, which includes Kopp,…



from https://www.bizjournals.com/baltimore/news/2020/02/25/maryland-retains-triple-a-rating-as-800m-bondsale.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/610960812979503104

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