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Middletown Transcript
  • New Castle County receives AAA bond ratings

  • Wall Street's three premiere rating agencies have assigned New Castle County AAA bond ratings.


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  • Wall Street's three premiere rating agencies have assigned New Castle County AAA bond ratings.
    Fitch Ratings, Moody's Investors Service and Standard & Poor's Ratings Services each gave the county their highest possible rating of AAA and top financial outlook of stable.
    New Castle is one of only 23 of the more than 3,000 U.S. counties to earn AAA ratings and stable financial outlooks from all three agencies.
    The rating will allow the county to refinance $55.3 million in outstanding bonds; a move expected to save the county an estimated $3.8 million in future debt payments.
    To see county's fiscal year 2013 budgets and other financial documents, visit nccde.org/finance.

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