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Baltimore County, Maryland; General Obligation, Local GO May 98
Standard & Poors, May 1998
Abstract
The rating on Baltimore County, Md.'s debt reflects the city's: Deep and broad economy that continues to exhibit growth and diversification, Strong financial management and operating performance, and Moderate debt burden. Baltimore County (population 721,569) is served by an excellent transportation network that allows easy access to the regional and broad employment base. The county employment base covers technology; medical and financial services; and educational employers. County employment has grown an annual average of 2% since 1994 with strongest growth in services and construction. Bethlehem Steel Corp. has expanded its presence at Sparrows Point and recently sold its BethShip repair facility in 1997. Baltimore County and University of Maryland are jointly developing a research park that already has attracted biotechnology...
Companies mentioned in this report are: Baltimore 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.
Research Type: Full Analysis
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