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Despite pandemic, City of London maintains triple-A credit rating from Moody’s
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coronavirus pandemic has produced extensive economic challenges for the City of London, but according to its latest credit rating from Moody’s Investors Service, the city rose to the challenge.Moody’s has maintained London’s triple-A credit rating, the highest rating possible, for the 44th consecutive year.
Coronavirus — London, Ont., to receive over $40 million in Phase 1 of provincial, federal funding “The City of London has a long, proud history of financial stability and prudent fiscal management,” said Mayor Ed Holder.“The fact we were able to maintain this coveted rating during the midst of a pandemic and significant economic pressures is a testament to our council members, our senior leadership team, and our talented finance.
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COVID-19
United States
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Recovered: 0
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India
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