Massachusetts wins upgrade from Fitch despite nagging questions

Kaplan, David
January 1998
Bond Buyer;01/22/98, Vol. 323 Issue 30315, p2
Trade Publication
Reports on Fitch IBCA Inc.'s upgrading of Massachusetts' general obligation rating to AA-minus from A-plus. Remarks from Ruth Corson Maynard, Fitch IBCA managing consultant, about the rating; Moody's Investors' decision not to upgrade its A1 rating on Massachusetts; Governor Paul Cellucci's dispute with State Treasurer Joseph Malone on the issuance of $1.5 billion in grant anticipation notes.


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