He and members of the State Funding Board had meetings scheduled with Fitch Ratings Ltd., Moody's Investors Service and Standard & Poors to discuss Tennessee's bond rating.
In April, Moody's raised Tennessee's rating from Aa1 to Aaa. Fitch adjusted it from AA+ to AAA. Both are the highest available level.
The higher bond rating means lower interest rates on borrowing.
Bredesen has participated in these meetings every year since 2004.
Tennessee Commerce gets hit with regulatory actionDeveloping The Skill Of Qualifying Buyers
