The City of Ravenna, OH is proud to announce that Moody’s Investors Service recently upgraded the issuer rating for the City of Ravenna from A3 to A1. This double rating increase is typically not seen by Moody’s, however, the financial strengthening and economic growth from business attraction and local business expansions over the past couple of years has played a positive impact on Ravenna’s outlook and resiliency. See the attached press release from Moody’s.
Rating Action: Moody’s upgrades City of Ravenna, OH’s issuer rating to A1 from A3
