Tag: Moody’s credit rating

Written by Diane Benjamin - editor

Normal really has a AAA credit rating?

By: Diane Benjamin https://onlinelibrary.wiley.com/doi/pdf/10.1111/1468-0416.00029 Fitch does have Normal at AAA, did Normal pay to get that rating? Moody’s doesn’t have Normal at AAA: https://finance.yahoo.com/news/normal-town-il-moodys-assigns-230707753.html This story is based on the $2 million debt Normal recently refinanced instead of paying it off. QUOTE: RATING OUTLOOK The stable outlook incorporates our expectation that the town’s financial position […]

Written by Diane Benjamin - editor

Moody’s: Normal doesn’t have a AAA credit rating

By:  Diane Benjamin Go to Moodys.com to see this information.  You will have to sign in with Facebook or create an account. Remember I’ve mentioned Normal has a high credit rating because they aren’t afraid to tax?  Moody’s confirms that: It is still a really good credit rating, but it isn’t AAA.  I wonder where […]