Richland County School District No. 1, SC's Strong Finances Drive Outlook Revision to Positive Sep 03

  • ID: 1887467
  • September 2003
  • Standard & Poors
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  • Richland Cnty Sch Dist #1
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NEW YORK (Standard & Poor's) Sept. 4, 2003--Standard & Poor's Ratings Services revised its outlook on Richland County School District No. 1, S.C.'s GO debt outstanding to positive from stable based on the expectation that the area economy will continue to grow and diversify. At the same time, Standard & Poor's also assigned its 'A+' Standard & Poor's underlying rating (SPUR), and positive outlook, to the district's $293 million series 2003 GO bonds, which are scheduled to sell on Sept. 9. The rating agency also affirmed its 'A+' SPUR on the district's GO debt outstanding. "The outlook revision also reflects management's continued ability to effectively handle state aid reductions and manage the increasing debt levels from this bond referendum without...

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- Richland Cnty Sch Dist #1

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- Richland Cnty Sch Dist #1

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