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Summary: Clayton County Hospital Authority, Georgia Clayton County; General Obligation; General Obligation Equivalent Security Dec 10
Standard & Poors, December 2010
Standard & Poor's Ratings Services assigned its 'AA' long-term rating, and stable outlook, to Clayton County Hospital Authority, Ga.'s series 2010A refunding revenue anticipation certificates and series 2010B taxable refunding revenue anticipation certificates, supported by Clayton County, Ga. At the same time, Standard & Poor's affirmed its 'AA' long-term rating and underlying rating (SPUR), with a stable outlook, on the county's general obligation (GO) debt. The rating reflects our opinion of the county's: Diverse local economic base within the Atlanta metropolitan statistical area (MSA); Residential property tax base that remains diverse and sizable despite recent losses due to tax appeals and foreclosure proceedings; Very strong financial position despite operating deficits in the past three fiscal years due to a dramatic...
Companies mentioned in this report are: Clayton Cnty,Clayton Cnty Hsg Auth,Clayton Cnty Hosp Auth,Clayton Cnty Dev Auth,Clayton Cnty Urban Redev Agy
Action: New Rating
Action: Outlook: Stable
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Clayton Cnty,Clayton Cnty Hsg Auth,Clayton Cnty Hosp Auth,Clayton Cnty Dev Auth,Clayton Cnty Urban Redev Agy