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News November 17, 2023

Reinvestment Fund’s ‘AA-‘ issuer credit rating affirmed by S&P Global Ratings

Topic General

Philadelphia, November 17, 2023 —  Reinvestment Fund announced today that its ‘AA-’ issuer credit rating has been affirmed by S&P Global Ratings.

Reinvestment Fund is thrilled to announce S&P Global Ratings raised its issuer credit rating (ICR) one notch to ‘AA-‘ from ‘A+’. The upgraded credit rating reflects Reinvestment Fund’s prudent financial management, robust risk management practices, and consistent dedication to driving positive social impact.

This enhanced rating not only validates our strong financial position but also amplifies our capacity to access capital markets and further expand our reach, empowering us to continue catalyzing economic growth and fostering financial inclusion in the communities we serve.

We are proud of this recognition and remain steadfast in our mission to create lasting positive change through responsible finance.

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About Reinvestment Fund
Reinvestment Fund is a mission-driven financial institution committed to making communities work for all people. We bring financial and analytical tools to partnerships that work to ensure that people in communities across the country have the opportunities they strive for: affordable places to live, access to nutritious food and health care, schools where their children can flourish, and strong, local businesses that support jobs. We use data to understand markets and how transactions can have the most powerful impact, which has consistently earned us the top Aeris rating of AAA for financial strength and four stars for impact management. Our asset and risk management systems have also earned us an AA- rating from S&P. Since our inception in 1985, Reinvestment Fund has provided over $2.7 billion in financing to strengthen neighborhoods, scale social enterprises, and build resilient communities. Learn more at 

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