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S&P Credit Research1855 word report
published May 19, 2009
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S&P Credit Research
| Abstract: | Standard&Poor's Ratings Services assigned its 'AA+' rating to New Hanover County, N.C.'s series 2009 general obligation (GO) school bonds. Standard&Poor's has also affirmed its 'AA+' rating on the county's GO debt outstanding. The outlook is stable. In our opinion the rating reflects: A solid and diverse economic base that is a regional hub, characterized by not only being a tourism and retirement community but also by having a strong manufacturing and institutional base; Continued strong financial performance and management oversight characterized by what we consider to be very strong reserve levels; Strong and steady growth of the diverse tax base, despite a 2007 error in assessment calculation, to more than $33.4 billion estimated in 2009, with
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| Brief Excerpt: | RESEARCH Ratings Definitions New Hanover County, North Carolina; General Obligation Publication date: 19-May-2009 Primary Credit Analyst: Jennifer L Rosso, New York (1) 212-438-7964; jennifer_rosso@standardandpoors.com Secondary Credit...
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| Report Type: | Full Report
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| Issuer: | New Hanover Cnty
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| Sector: | Public Finance
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| Country: | United States
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| Region: | United States
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| Free Sample: |
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S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.
Also from S&P Credit Research
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- Summary: New Hanover County, North Carolina; General Obligation $175.00
Standard&Poor's Ratings Services assigned its 'AA+' rating to New Hanover County, N.C.'s series 2009 general obligation (GO) school bonds. Standard&Poor's has also affirmed its 'AA+' rating on the county's GO debt outstanding. The outlook is ...
- New Hanover County, NC SPUR Raised To 'AA+' On Strong Financial Performance $100.00
NEW YORK (Standard&Poor's) May 28, 2008--Standard&Poor's Ratings Services raised its underlying rating (SPUR) on New Hanover County, N.C. to 'AA+' from 'AA'. The outlook is stable. Standard&Poor's also assigned its 'AA+' rating and stable outlook ...
- New Hanover County, North Carolina; General Obligation $400.00
Standard&Poor's Ratings Services raised the underlying rating (SPUR) on New Hanover County, N.C. to 'AA+' from 'AA'. The outlook is stable. Standard&Poor's also assigned its 'AA+' rating to the county's general obligation (GO) parks and recreation ...
- Summary: New Hanover County, North Carolina; General Obligation $175.00
Standard&Poor's Ratings Services raised the underlying rating (SPUR) on New Hanover County, N.C. to 'AA+' from 'AA'. The outlook is stable. Standard&Poor's also assigned its 'AA+' rating to the county's general obligation (GO) parks and recreation ...
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Standard&Poor's Ratings Services assigned its 'AA' rating to New Hanover County, N.C.'s series 2007 GO school bonds. Standard&Poor's also affirmed the existing 'AA' GO debt rating on the county. The 'AA' rating reflects: Solid and diverse economic ...