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 […]