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Summary: St. Peter?s Parish/Jasper County Public Facilities Corp., South Carolina Jasper County; Appropriations; General Obligation Jun 11 Product Image

Summary: St. Peter?s Parish/Jasper County Public Facilities Corp., South Carolina Jasper County; Appropriations; General Obligation Jun 11

  • Published: June 2011
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services assigned its 'A' rating and stable outlook to St. Peter?s Parish/Jasper County Public Facilities Corp., S.C.'s series 2011A installment-purchase revenue bonds, supported by Jasper County. At the same time, Standard & Poor's affirmed its 'A+' issuer credit rating (ICR), with a stable outlook, on the county. The 'A' rating reflects our view of: The general creditworthiness of Jasper County ('A+' ICR) as purchaser; and The security of installment-purchase payments, subject to annual appropriation by the county council. The bonds are obligations of St. Peter's Parish/Jasper County Public Facilities Corp., payable by annual installments of the county as dictated under a trust agreement. The trust estate consists primarily of amounts paid to the corporation under the...

Companies mentioned in this report are: Jasper Cnty,St. Peters Parish/Jasper Cnty Pub Facs Corp
Action: Affirmed
Action: New Rating
Action: Outlook: Stable

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Jasper Cnty,St. Peters Parish/Jasper Cnty Pub Facs Corp

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