Governor Phil Murphy

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Joint Statement from Governor Murphy and Lieutenant Governor Oliver on Moody’s Upgrading Atlantic City’s Credit Rating


TRENTON – Today, Governor Murphy and Lieutenant Governor Oliver released the following statement in response to Moody’s Investors Services upgrading Atlantic City’s credit rating four spots from Caa3 to a positive-outlook rating of B2:

“Once again, we are seeing that our collaborative and cooperative approach to turning Atlantic City around was the right path to take. This is a tremendous step in the right direction and we are committed to working with local leaders to ensure the City’s long-term sustainability and financial viability.”