- Language: English
- Published: August 2012
- Region: Saudi Arabia
Summary: Prince George?s County, Maryland; General Obligation Sep 09
- Published: September 2009
- Region: Maryland
- Standard & Poors
Standard & Poor's Ratings Services assigned its 'AAA' long-term rating, and stable outlook, to Prince George?s County, Md.'s series 2009A and 2009B general obligation (GO) public improvement bonds and affirmed its 'AAA' underlying rating (SPUR), with a stable outlook, on the county's existing GO debt. In our opinion, the ratings reflect the county's: Vibrant and continually diversifying local economic base with steady growth trends and participation in the Washington metropolitan area economy; Large $99.2 billion property tax base that has increased by a healthy rate and has exhibited no taxpayer concentration; Still-strong financial operations -- even as the county has operated under a real property tax levy limitation -- which will remain challenged in the near future as expenditures continue...
Companies mentioned in this report are: Prince George's Cnty
Action: New Rating
Action: Outlook: Stable
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.
This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.
SHOW LESS READ MORE >
Prince George's Cnty