• +353-1-416-8900(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Summary: Prince George?s County, Maryland; General Obligation Sep 09 Product Image

Summary: Prince George?s County, Maryland; General Obligation Sep 09

  • Published: September 2009
  • Region: Maryland
  • Standard & Poors

Abstract
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: 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, sovereigns and structured finance programs. RatingsXpress Credit Research READ MORE >

Prince George's Cnty

Note: Product cover images may vary from those shown

RELATED PRODUCTS