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Harford County, Maryland; General Obligation Jun 09

  • ID: 2038628
  • June 2009
  • Region: Maryland
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services assigned its 'AA+' rating, and stable outlook, to Harford County, Md.'s series 2009 consolidated public improvement and refunding bonds and affirmed its 'AA+' rating, with a stable outlook, on the county's existing debt. In our opinion, the rating reflects the county's: Growing and diversifying local economy with employment in the federal government, research and development, and warehouse and distribution sectors, which further benefits from easy access to the Baltimore metropolitan statistical area (MSA) employment base; Economy, which remains poised to capture significant future economic growth in the wake of the latest base realignment and closure recommendation, which has been temporarily slowed due to the economic downturn; Strong property tax base growth that is consistent with...

Companies mentioned in this report are:
- Harford 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

- Harford Cnty

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

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