About

Press Release

05-30-17 Fitch Upgrades Wayne County’s Credit Rating to Investment Grade

View All News
Press Release

DETROIT—Wayne County’s Bond Rating has improved from “BB+” to “BBB-” according to Fitch Ratings, Inc. This upgrade, just one year after Fitch upgraded Wayne County’s credit rating four notches, means Wayne County bonds are now rated as investment grade. The improved rating could lower the cost to borrow the money necessary to complete the jail project and other necessary long-term projects.