city bond rating up grade

City Bond Rating Upgraded

March 23, 2015

KANNAPOLIS, N.C. – Moody’s Investors Service has upgraded the City’s revenue bond rating for water and sewer projects from A2 to A1. This means the City will pay less interest as the bonds are paid off. It is also an indication of the City’s strong economic health. Moody’s cited the City’s growth in new businesses […]