Moody’s rates Medfield Aa1

Moody’s rated Medfield Aa1 as of 2/10/12 for bonds that our Treasurer Collector, Georgia Colivas is having the town issue on 2/15/12, to be able to lower the interest rate on the existing ten year old bonds (the bonds could not be called for the first ten years).  The Moody’s rating summary is attached, and makes interesting reading.

We should all thank Georgia, as she is saving the town what is projected to be $1.7 m. over the next ten years on the new bonds.

Click to access 20120210-moodys-rating-report-medfield-ma.pdf