Medford Earns Top-Tier SP-1+ Short-Term Bond Rating
Medford earned the highest short-term credit grade available from a national ratings agency this week. S&P Global Ratings assigned its 'SP-1+' rating to the city's general obligation bond anticipation notes, the top mark on the agency's scale, a sign of solid fiscal footing as Medford m…
Medford has landed the highest short-term credit grade a national ratings agency can award, a sign of solid financial footing as the city carries short-term debt into the fall. Separately, a free mobile health clinic is scheduled to visit Clippership Pop-Up Park this week, giving residents easy access to basic screenings close to home.
ELSEWHERE IN THE NEWS
"Medford, MA General Obligation Bond Anticipation Notes Assigned 'SP-1+' Rating," S&P Global Ratings reports. The agency gave the city's short-term borrowing notes its top possible grade, a sign of strong capacity to repay debt on schedule, according to S&P Global Ratings. (read it at https://www.spglobal.com/ratings/en/regulatory/article/-/view/type/HTML/id/3616538)
"Community Care Van Clinic Coming To Medford," Medford Patch reports. A free mobile health clinic is set to park at Clippership Pop-Up Park on Tuesday, Aug. 25, giving residents access to on-the-spot screenings and health resources, per Medford Patch. (read it at https://patch.com/massachusetts/medford/community-care-van-clinic-coming-medford)
Compiled from official town feeds, community organizations, and local press. Outside reporting is attributed inline.
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