Chelsey Couch, Executive Director
The Commonwealth of Kentucky
The Commonwealth of Kentucky
Add this issuer to your watchlist to get alerts about important updates.
On Thursday, Gov. Beshear announced that Moody’s Ratings has upgraded the commonwealth’s credit rating to Aa2 from Aa3. The rating is a measure of the state’s ability to pay debts and the overall health of Kentucky’s economy.
The upgrade was driven by the commonwealth’s sustained commitment to healthy reserves and structural balance, by fully funding pensions and paying down unfunded liabilities. It also reflects growth in key industries that will help solidify Kentucky’s economic growth over the next several years, including large investments in the state’s manufacturing sector, EV manufacturing, logistics and the growth of Kentucky’s tourism and health care sectors.
