Standard&Poor's Ratings Services assigned its 'A' long-term rating to Greenwood County, S.C.'s $50 million series 2009 fixed-rate bonds issued for Self Regional Healthcare. At the same time, Standard&Poor's affirmed its 'A' long-term rating and 'A' underlying ratings (SPURs) on the county's $112.6 million series 2004A, 2004B, 2001, and 1998A bonds, all issued for Self Regional. The outlook on the ratings is stable. The ratings reflect Self Regional's dominant market share, overall balance sheet strength, and solid financial results for the fiscal year ended Sept. 30, 2008, and for the nine months year-to-date ended June 30, 2009. Management has positioned the hospital as a regional referral center over the past several years and successfully completed several major
