Rating Agency Developments

On October 8, Fitch published updates to three U.S. Public Finance criteria reports: (i) U.S. Local Government Tax-Supported Rating Criteria, (ii) U.S. State Government Tax-Supported Rating Criteria, and (iii) Revenue Supported Rating Criteria. Fitch Release.

On October 13, Moody’s updated its approach to assessing credit risk for business and consumer service companies. Moody’s Release.

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