Atlantic City's Credit Rating Improves

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Atlantic City is continuing to make positive improvements.

Moody's Investors Services revealed Atlantic City's credit rating has gone up four spots from a Caa3 rating to a positive outlook rating of B2.

Governor Phil Murphy and Lieutenant Governor Sheila Oliver weighed in on the latest rating in a joint statement that said this is a tremendous step in the right direction for the city and that they are committed to working with local leaders to ensure Atlantic City's long-term sustainability and financial viability.

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