CT’s Credit Rating
HARTFORD, CT) – Governor Ned Lamont and Office of Policy and Management Secretary Melissa McCaw today are applauding the announcements over the last two days from three independent credit rating agencies that they are each upgrading Connecticut’s bond credit ratings. They include: An announcement on Thursday from S&P Global that it is upgrading Connecticut’s bonds to A+;An announcement on Thursday from Kroll that it is upgrading Connecticut’s bonds to AA; andAn announcement today from Fitch that it is upgrading Connecticut’s bonds to AA-. The three upgrades this week come on the heels of an announcement in March that Moody’s Investors Service is upgrading Connecticut’s rating to Aa3. Collectively, the four upgrades are the first positive actions these agencies have taken on Connecticut’s credit in more than…