Moody’s assigns Aaa to Wayland MA’s GO Bonds

Moody’s 1/25/16: Moody’s assigns Aaa to Wayland MA’s GO Bonds. Moody’s Investors Service has assigned a Aaa rating to the Town of Wayland MA’s $3.1 million General Obligation Municipal Purpose Loan of 2016 Bonds (Bank Qualified). Concurrently, we have affirmed the Aaa rating of $76.8 million of outstanding general obligation (GO) debt. The outlook is stable. The Aaa rating reflects a stable tax base with strong socio-economic indicators, satisfactory financial position, and manageable debt and pension burdens. The rating also incorporates the town’s comprehensive fiscal management that includes aggressive funding of long-term liabilities.

Wayland Patch 1/28/16: Moody’s Assigns Aaa Rating to Wayland Loans. Moody’s Investors Service announced Monday that it concurrently affirmed and assigned the highest possible bond rating to two separate Wayland loans.

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