S&P Global Ratings Assigns New Bedford Bonds 'AA' Rating

NEW BEDFORD — S&P Global Ratings has assigned New Bedford's general obligation bonds a long-term 'AA' rating, an outside read on the city's finances as it continues to borrow for capital projects.

ELSEWHERE IN THE NEWS

"New Bedford, MA GO Bonds Assigned 'AA' Long-Term | S&P Global Ratings" — S&P Global Ratings has given the city's general obligation bonds a long-term 'AA' rating, an independent read on New Bedford's financial footing as it continues to finance capital projects through municipal debt, according to S&P Global. (read it at https://www.spglobal.com/ratings/en/regulatory/article/-/view/sourceId/8433636)

"NEFMC given Trump priorities on scallop fishery, but rollout process remains murky" — The New England Fishery Management Council has received new policy direction from the Trump administration on the scallop fishery, though how it will be carried out remains unclear, according to SeafoodSource, whose report touches on New Bedford's fleet. (read it at https://www.seafoodsource.com/news/nefmc-given-trump-priorities-on-scallop-fishery-but-process-and-result-are-still-murky)

Compiled from official town feeds, community organizations, and local press. Outside reporting is attributed inline.