Poor (S&P), Moody’s and Fitch each provide county with highest rating in
Forsyth County has received a AAA
rating, the highest bond rating possible, from credit rating agency Fitch
Ratings. With the recognition, the county has now received the highest bond ratings,
and the resulting lowest cost of borrowing, from all three major U.S. bond
rating services (Moody’s, S&P and Fitch) in 2019.
Bond ratings provided by Moody’s (Aaa)
and S&P (AAA) were issued in mid-July following visits from both agencies
in June. A subsequent six-year bond issue of nearly $100 million for SPLOST
projects was sold with a “true interest cost” of 0.95%, or less than ...