City of Durham Receives Strong Credit Ratings for Upcoming Limited Obligation Bonds and Utility System Revenue and Revenue Refunding Bonds
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The City of Durham today announced that all three major credit rating agencies—S&P Global Ratings, Moody’s Ratings, and Fitch Ratings—have assigned high investment‐grade ratings with stable outlooks to the City’s upcoming Limited Obligation Bonds and Utility System Revenue and Revenue Refunding Bonds, reaffirming the City’s strong financial management, growing economic base, and prudent long-term planning.