NC's credit ranked among US best for repaying lenders

March 31, 2015 8:34 PM

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Companies that judge how likely big borrowers are to repay their debt have given their top rating to North Carolina ahead of a new round of bond sales, state Treasurer Janet Cowell's office said Tuesday.

Rating agencies Standard & Poor's, Moody's Investors Service and Fitch Ratings are again giving North Carolina their top grade as the state looks to borrow $225 million next week. State officials plan to sell bonds to fund construction and renovation of university buildings, psychiatric hospitals, s...

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