Credit rating agencies positive about issuance of MDOT revenue bonds to support BWI Marshall Airport project

BALTIMORE, MD—Fitch Ratings and Moody’s Investors Service have upgraded their ratings on Maryland Department of Transportation revenue bonds for a major project at Baltimore/Washington International (BWI) Thurgood Marshall Airport. The upgrades come just ahead of a planned bond sale intended to fund the completion of the Concourse A/B Connector and Baggage Handling System project. Fitch Ratings upgraded the bonds from […]

Moody’s upgrades Maryland DOT bonds to AAA

BALTIMORE, MD—The Maryland Department of Transportation’s Consolidated Transportation Bonds received an upgrade from Moody’s to its top triple-A rating, according to a press release issued on Wednesday. The rating upgrade places Maryland DOT’s debt at the same credit rating as the state’s general obligation debt. Moody’s said the change reflects the state’s strong involvement in and oversight of Maryland DOT’s […]

Baltimore County retains coveted triple-A bond rating

TOWSON, MD—Baltimore County officials on Wednesday announced that the county has maintained its triple-A bond ratings from all three major rating agencies, allowing the county to continue issuing bonds at the lowest possible interest rate and saving millions of dollars for Baltimore County taxpayers. Moody’s Investor Service, Fitch Ratings, and S&P Global Ratings have each reaffirmed the county’s triple-A rating […]

Baltimore County retains coveted ‘Triple-A’ bond rating

TOWSON, MD—County Executive Johnny Olszewski on Monday announced that Baltimore County has maintained triple-A bond ratings from all three major rating agencies, allowing the County to continue issuing bonds at the lowest possible interest rate and saving millions of dollars for County taxpayers. Moody’s Investor Service, Fitch Ratings, and S&P Global Ratings have each reaffirmed the County’s triple-A rating, making […]

Baltimore County retains coveted ‘triple A’ bond ratings

TOWSON, MD—County Executive Johnny Olszewski on Thursday announced that the Baltimore County has maintained triple-A bond ratings from all three major rating agencies, allowing the County to continue issuing bonds at the lowest possible interest rate-saving millions of dollars for County taxpayers. Moody’s Investor Service, Fitch Ratings, and S&P Global Ratings have each reaffirmed the County’s triple-A rating, making Baltimore […]

Baltimore County retains coveted “triple-A” bond ratings amid global economic challenges

BALTIMORE COUNTY, MD—As the COVID-19 pandemic has continued to disrupt economies across the country and the world, Baltimore County on Tuesday announced it has maintained triple-A bond ratings from all three major rating agencies, allowing the County to continue issuing bonds at the lowest possible interest rates. This week Moody’s Investor Service, Fitch Ratings, and S&P Global Ratings each reaffirmed […]

Baltimore County retains coveted triple-A bond ratings

BALTIMORE COUNTY, MD—Amid the economic interruptions caused by the COVID-19 pandemic, Baltimore County on Wednesday announced it has maintained triple-A bond ratings from all three major rating agencies, allowing the county to continue issuing bonds at the lowest possible interest rate. This week, Moody’s Investor Service, Fitch Ratings, and S&P Global Ratings each reaffirmed the county’s triple-A rating, making Baltimore […]

AAA-rated Harford County bonds sell at historically low rates; funds borrowed for schools, roads, environmental projects

HARFORD COUNTY, MD—Harford County held its annual bond sale on Tuesday, borrowing funds at the lowest interest rates in county history to pay for capital improvement projects. The county sold $40 million in consolidated public improvement bonds at 2% to winning bidder R.W. Baird & Co. The bonds will fund more than 70 projects including school facilities, roads, watershed restorations, […]