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Arlington County, Virginia; Tax Secured, General Obligation May 02
Standard & Poors, May 2002
Abstract
The 'AAA' rating on Arlington County, Va.'s GO bonds reflects: A deep and diverse economic base that is one of the anchors of the Washington, D.C. metropolitan area and northern Virginia economy; Above-average wealth indicators; Strong financial operations and reserves, and An increasing, yet manageable, debt burden. The bonds are secured by the county's full faith and credit pledge. The county (population 189,453) is located directly across the Potomac River from Washington, D.C. The economy is anchored by a sizable federal government presence that includes the Pentagon, the U.S. State Department's National Foreign Affairs Training Center, and the Army National Guard Center. The county was directly affected by the terrorist attacks on Sept. 11, with the Pentagon attack and subsequent...
Companies mentioned in this report are: Arlington Cnty
Action: New Rating
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Full Analysis
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