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Summary: Clayton County Hospital Authority, Georgia Clayton County; General Obligation; General Obligation Equivalent Security Dec 10 Product Image

Summary: Clayton County Hospital Authority, Georgia Clayton County; General Obligation; General Obligation Equivalent Security Dec 10

  • ID: 1825241
  • December 2010
  • Region: Georgia
  • Standard & Poors

FEATURED COMPANIES

  • Clayton Cnty
  • Clayton Cnty Dev Auth
  • Clayton Cnty Hosp Auth
  • Clayton Cnty Hsg Auth
  • MORE

Abstract
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: Affirmed
Action: New Rating
Action: Outlook: Stable

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of READ MORE >

- Clayton Cnty
- Clayton Cnty Hsg Auth
- Clayton Cnty Hosp Auth
- Clayton Cnty Dev Auth
- Clayton Cnty Urban Redev Agy

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