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Summary: Greenville County School District, South Carolina; Appropriations; General Obligation; School State Program Aug 10 Product Image

Summary: Greenville County School District, South Carolina; Appropriations; General Obligation; School State Program Aug 10

  • ID: 1886500
  • August 2010
  • Region: South Carolina
  • Standard & Poors

FEATURED COMPANIES

  • Best Corp.
  • Greenville Cnty Sch Dist
  • MORE

Abstract
Standard & Poor's Ratings Services assigned its 'AA+' long-term rating, and stable outlook, to Greenville County School District, S.C.'s series 2010, 2010A, 2010C, and 2010D general obligation (GO) bonds and affirmed its 'AA+' long-term rating, with a stable outlook, on the district's existing GO debt. Standard & Poor's also affirmed its 'AA' long-term rating and underlying rating (SPUR), with a stable outlook, on BEST Corp., S.C.'s installment-purchase revenue bonds, supported by the district, reflecting the district's general creditworthiness as the buyer and the contractual provisions that include an absolute, unconditional payment provision subject to annual appropriation. In our opinion, the ratings reflect the district's: Growing and diverse local economy; Healthy, consistent growth in a diverse property tax base; Good wealth...

Companies mentioned in this report are:
- Greenville Cnty Sch Dist
- Best Corp.

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

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, READ MORE >

- Greenville Cnty Sch Dist
- Best Corp.

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