Moody’s Upgrades Asbury Park’s Credit Rating
Investor Service Cites Growing Tax Base And Improved Financials For Low Risk Assessment
By Michelle Gladden
The city’s credit rating received its highest upgrade to date from Moody’s Investment Services, Mayor John Moor announced Friday. Moody’s has given the 1.4 square mile community an A2 rating, meaning Asbury Park now moves into a low credit risk category for investors who purchase municipal bonds. “In the 14 years that Moody’s has been […]
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Jan 19, 2018
