S&P Global Revises Outlook On Braintree's Bond Rating
S&P Global revised the outlook on Braintree's general obligation bond rating, the agency reported Saturday. The alert did not specify which direction the outlook moved, but a shift in a municipality's credit outlook typically signals how rating agencies view its ability to repay debt, a…
BRAINTREE — S&P Global revised the outlook on Braintree's general obligation bond rating, the ratings agency reported Saturday, according to a regulatory filing reviewed by Townbrief Braintree. The filing did not specify which direction the outlook moved.
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S&P Global put out a ratings note on Braintree over the weekend: "Braintree, MA GO Debt Rating Outlook Revised To N - S&P Global." According to S&P Global, the agency changed its outlook on the town's general obligation bond rating in a report published Saturday, though the specific new outlook was not detailed in the portion of the filing available to Townbrief Braintree (read it at https://www.spglobal.com/ratings/en/regulatory/article/-/view/sourceId/11507079).
Compiled from official town feeds, community organizations, and local press. Outside reporting is attributed inline.
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