- Associated Press - Friday, February 12, 2016

RALEIGH, N.C. (AP) - North Carolina remains in the small club of states with top marks when it comes to borrowing.

State Treasurer Janet Cowell and Gov. Pat McCrory announced Thursday the nation’s three most prominent credit-rating agencies reaffirmed their triple-A ratings to the state before Cowell offers $330 million in bonds later this month.

The highest ratings from Standard & Poor’s, Moody’s Investors Service and Fitch Ratings also are viewed as a sign of financial health. Cowell’s office says North Carolina is one of nine states with triple-A’s from all three agencies.

The news comes about a month before voters decide whether to authorize $2 billion in debt for government buildings and infrastructure projects.

McCrory says the ratings reflect “responsible and conservative fiscal practices” and the state’s growth prospects.



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