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Summary: Greenville Cnty, SC; Tax Secured, General Obligation Mar 01

Standard & Poors, March 2001

Abstract
The rating on Greenville County, S.C.'s GO bonds reflects the county's: Consistently strong management practices, as evidenced in sound long-term economic, financial, and capital planning; Diversifying and well-performing economy; Steady tax base growth; Very strong financial position and outlook; Above-average wealth levels; and Low debt burden with limited future needs. The county's GO pledge secures the bonds. The county serves as the service, retail, and manufacturing center for the northwest portion of South Carolina. Over the past 10 years, strong county economic planning efforts have enabled the manufacturing sector to diversify away from historically concentrated textile employment and toward high technology. Over that same period, the service and trade sectors have continued to expand. Fueled by an aggressive abatement program,...

Companies mentioned in this report are:
- Greenville 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.

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.

- Greenville Cnty

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