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Sunday, December 22, 2024

Fitch upgrades St. Louis City's credit rating to 'AA

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Mayor Tishaura Jones | City of St. Louis

Mayor Tishaura Jones | City of St. Louis

FOR IMMEDIATE RELEASE (St. Louis - July 25, 2024) - Comptroller Darlene Green announced today that Fitch rating agency has upgraded St. Louis City's credit rating to 'AA'. "This rating comes as good news to the City as we fight hard to practice good fiscal and budgeting policies. The rating upgrade cites the financial resilience of the city as a factor," said Green.

Fitch has upgraded St. Louis, MO's Issuer Default Rating (IDR) to 'AA' and Leasehold Revenue Bonds to 'AA-' based on a criteria change.

Comptroller Darlene Green is the chief fiscal officer of the City of St. Louis and is charged with safeguarding the city's credit rating and protecting taxpayer dollars. Visit www.stlouismo.gov/comptroller to learn more about the Office of the Comptroller.

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