• +353-1-416-8900(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Summary: Beaufort County, South Carolina; General Obligation; Note Feb 09 Product Image

Summary: Beaufort County, South Carolina; General Obligation; Note Feb 09

  • Published: February 2009
  • Region: South Carolina
  • Standard & Poors

Standard & Poor's Ratings Services raised its rating on Beaufort County, S.C.'s series 2001 general obligation (GO) bonds to 'AA+' from 'AA'. The rating was raised to reflect the upgrade of the county's GO debt in January 2009. Standard & Poor's also assigned its 'AA+' long-term rating to Beaufort County's series 2009 GO bonds, and its 'SP-1+' short-term rating to the county's series 2009 GO bond anticipation notes (BANs). Standard & Poor's also affirmed its 'AA+' standard long-term rating and underlying rating (SPUR) on the county's parity debt. The 'AA+' rating is based on the county's: Stable underlying local economy supported by tourism and the military; Sizable tax base with extremely strong per capita market values; Good income levels; and...

Companies mentioned in this report are:
- Beaufort Cnty

Action: Affirmed
Action: New Rating
Action: Outlook: Stable
Action: Upgraded

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 READ MORE >

- Beaufort Cnty

Note: Product cover images may vary from those shown