Category Archives: Knoxville credit rating

Fitch raises Knoxville’s credit rating

For the second month in a row, the city of Knoxville has gotten good news from one of the major credit rating agencies.

Fitch Rating Service has raised the city’s rating to AAA, the highest rating offered by Fitch. The city’s previous rating was Aa+.

This AAA rating “apparently marks the first time that the City of Knoxville has ever held the highest rating from one of the major bond rating agencies,” according to the press release.

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Moody’s ups Knoxville’s credit rating

For those who track these things, the city of Knoxville’s credit rating was boosted today to Aa1 from Aa2 by Moody’s Investors Service, the city announced.

That’s the second highest rating available and “the third year in a row that one of the three major bond rating agencies — which provide information to investors — has either upgraded or affirmed the city’s credit rating, the release says.

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