Danbury Bond Rating Reaffirmed at AA+

Danbury Mayor Roberto L Alves says S&P Global Ratings and Fitch Ratings have reaffirmed the city’s AA-plus bond rating, citing a stable outlook and solid credit quality. The rating clears the way for Danbury’s upcoming general obligation bond sale to fund school upgrades, infrastructure, and water and sewer projects, while keeping borrowing costs down for taxpayers.