Ector County, TX's Certificates&Tax Notes Rated 'AA-'; Outlook Stable - S&P Global Ratings’ Credit Research

Ector County, TX's Certificates&Tax Notes Rated 'AA-'; Outlook Stable

Ector County, TX's Certificates&Tax Notes Rated 'AA-'; Outlook Stable - S&P Global Ratings’ Credit Research
Ector County, TX's Certificates&Tax Notes Rated 'AA-'; Outlook Stable
Published Oct 20, 2000
Published Oct 20, 2000
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Abstract:

DALLAS (Standard&Poor's CreditWire) Oct. 20, 2000-- Standard&Poor's today assigned its double-'A'-minus rating to Ector County, Texas' $2.28 million certificates of obligation series 2000 dated Oct. 15, 2000, due Feb. 15, 2010; and $620,000 tax notes series 2000A dated Oct. 15, 2000, due Aug. 15, 2003. The bonds and notes are scheduled to sell on Oct. 23, 2000. The outlook is stable. The rating is based on the limited-tax pledge of the county and reflects its: -- Economic base, which is concentrated in the oil and gas sector; -- Consistently strong financial performance and position; and -- Low overall debt burden coupled with a rapid amortization schedule. Located in west Texas in the Permian Basin region, Ector

  
Report Type:

Ratings Action

Issuer
Ector Cnty
Sector
Public Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Ector County, TX's Certificates&Tax Notes Rated 'AA-'; Outlook Stable" Oct 20, 2000. Alacra Store. May 03, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Ector-County-TX-s-Certificates-Tax-Notes-Rated-AA-Outlook-Stable-169212>
  
APA:
S&P Global Ratings’ Credit Research. (). Ector County, TX's Certificates&Tax Notes Rated 'AA-'; Outlook Stable Oct 20, 2000. New York, NY: Alacra Store. Retrieved May 03, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Ector-County-TX-s-Certificates-Tax-Notes-Rated-AA-Outlook-Stable-169212>
  
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