Moody’s Investors Service has assigned Aa2 to the Town of Smithfield, RI’s $6.4 million General Obligation Bonds, 2016 Series A. Concurrently, Moody’s has affirmed the rating on the town’s outstanding general obligation debt.
S&P Global Ratings assigned its ‘AA’ rating and stable outlook to Smithfield, R.I.’s series 2016A general obligation (GO) bonds. At the same time, S&P Global Ratings affirmed its ‘AA’ rating long-term rating on the town’s outstanding GO debt. The outlook is stable.
S&P Global Ratings Report (.pdf)