METHUEN BOND RATING INCREASED

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Mayor Neil Perry and Chief Administrative and Financial Officer (“CAFO”) Maggie Duprey are pleased to announce that Moody’s Investor Service (Moody’s) has upgraded the City of Methuen’s general obligation bond rating to A1 from A3, a double increase that bypasses one full rating step. This is the fourth rating upgrade the city has received since January 2020, with the most recent rating increase by Standard and Poor in May 2022. CLICK HERE FOR DETAILS