S&P Raises Prince George's County, Md., to AA-Plus Ahead of $113M Sale

Ackerman, Andrew
May 2006
Bond Buyer;5/19/2006, Vol. 356 Issue 32385, p31
Trade Publication
The article reports that Standard & Poor's Ratings Services has upgraded the rating of Prince George's County, Maryland. The rating has been enhanced to AA-plus from AA, ahead of the issuer's competitive sale of $113.2 million in general obligation bonds. Standard & Poor's also showered praises on Prince George's administrator, Jack B. Johnsoll, for his ability to manage expenditures. The county will require to sustain its strong financial operations and adherence to good management practices in order to maintain its rating.


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