• SELECT SITE CURRENCY
Select a currency for use throughout the site
Summary: Greenville County, South Carolina; General Obligation Jun 10
Standard & Poors, June 2010
Standard & Poor's Ratings Services assigned its 'AAA' rating, and stable outlook, to Greenville County, S.C.'s series 2010A and 2010B general obligation (GO) bonds and affirmed its 'AAA' rating, with a stable outlook, on the county's existing GO debt. The rating reflects the county's: Strong and diversifying local economy that has remained stable during the recession, Continued maintenance of sound financial operations and strong financial position, and Favorable overall debt position with modest additional capital needs. The county's full faith and credit pledge secures the bonds. Officials plan to use bond proceeds to fund capital equipment purchases for the Fountain Inn Fire Service Area (2010A) and Tigerville Fire District (2010B) and refund the district's GO bonds outstanding, issued for Tigerville,...
Companies mentioned in this report are:
- Greenville 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.
- Greenville Cnty