Greenville County, South Carolina; General Obligation, Local GO Sep 99

  • ID: 2025977
  • September 1999
  • Region: South Carolina
  • Standard & Poors
1 of 3

The rating upgrade on Greenville County, S.C.'s GO bonds reflects consistently strong management practices, as evidenced in sound long-term economic, financial, and capital planning. Other credit strengths include: A diversifying and well-performing economy, Steady tax base growth, A very strong financial position and outlook, Above-average wealth levels, and A low debt burden with limited future needs. The bonds are secured by the county's GO pledge. The county serves as the service, retail, and manufacturing center for the northwestern portion of the state. Over the past 10 years, strong county economic planning efforts have enabled the manufacturing sector to diversify away from the historically concentrated textile employment sector towards high-technology. Over that same period, the service and trade sectors have continued...

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.

Research Type: Full Analysis

Note: Product cover images may vary from those shown
2 of 3

- Greenville Cnty

Note: Product cover images may vary from those shown
3 of 3
Note: Product cover images may vary from those shown




Our Clients

  • Fluidigm Corporation
  • Apple, Inc.
  • CEVA Santé Animale
  • Abbott Laboratories Ltd.
  • Merck Group
  • Allergan Inc.
  • Pfizer Inc.