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Cobb County Recreational Authority, GA/Cobb County 'AAA' GO Bond Rating Affirmed Apr 99

  • ID: 2044323
  • April 1999
  • Standard & Poors
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NEW YORK (Standard & Poor's CreditWire) April 14, 1999--Standard & Poor's today affirmed its ratings on various issuers for Cobb County, Ga. (see list below). Cobb County's rating reflects a full faith and credit obligation pledge on GO bonds and guaranteed GO debt. Credit factors include: -- A continued trend of economic expansion, which continues to significantly contribute to the Atlanta region; -- A strong financial position; and -- A solid debt profile, which does not include any future GO debt issuance. The county is located 20 miles northwest of Atlanta, and has experienced sustained population growth and economic expansion for over 10 years. Population growth has increased 18.6% since 1990, reaching an estimated 550,100 in 1998. Solid assessed valuation...

Companies mentioned in this report are:
- Cobb Cnty Solid Waste Mgmt Auth

Action: Affirmed

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: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.

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- Cobb Cnty Solid Waste Mgmt Auth

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