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Standard & Poor's Upgrades Central Falls, R.I. to BB

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Byline: Paul Burton Standard & Poor's raised its rating on Central Falls, R.I.'s general obligation debt to BB from C. The outlook is stable. Central Falls exited bankruptcy protection in September, after a 13-month stay in Chapter 9. Credit analysts said a 2011 state law giving bondholders ... (Publication: The Bond Buyer)

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