Moody’s Upgrades Lawrence to an A3 Rating with a Stable Outlook

Moody’s Upgrades Lawrence to an A3 Rating with a Stable Outlook

February 18, 2015, Lawrence, MA- Last week, Moody’s Investors Service upgraded the City of Lawrence’s credit rating to A3 from Baa1. This rating upgrade is the first time Lawrence has received an “A” level rating from Moody’s since 1986. The rating upgrade with a stable outlook validates the city’s financial recovery and will directly impact […]

Methuen Mayor Steve Zanni Responds to Methuen’s Credit Downgrade

Methuen Mayor Steve Zanni Responds to Methuen’s Credit Downgrade

Manzi: It was Zanni’s Call to Spend Reserves But Prior Council was Calling the Shots OTHER METHUEN STORIES In an Exclusive interview with the Valley Patriot, Methuen Mayor Steve Zanni discussed the downgrade of Methuen’s bond rating by Moody’s Investment Services. The report cited specifically: “The downgrade to A2 reflects the city’s negative financial position which […]