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Archive for June 24th, 2008

Bond Rating

I am very pleased to report that Moody’s Investors Services affirmed Lowell’s long-term bond rating of A3 and removed the city’s negative outlook, particularly in such a precarious time for our local, state and national economy.   Moody’s stated that the rating “reflects the city’s improving financial position, which remains strained but has begun to stabilize [...]

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