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Moody's affirms Freeport's A1 bond rating

Moody’s Investor Services announced Friday that it has reaffirmed the Village of Freeport’s A1 bond rating.

The Manhattan-based firm cited the village’s “manageable debt burden” and “moderate-sized tax base” in affirming the bond rating, which is its fifth-highest grade. Moody’s characterizes an A1 rating as a better-than-average rating that indicates low credit risk.

Moody’s said in...

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