Standard & Poor’s raised its underlying ratings to AA-minus from A-plus on the Lowndes County, Ga., Public Facilities Authority’s and Central Valdosta Development Authority’s revenue bonds, and Lowndes County’s general obligation bonds.

Analysts cited the county’s continued financial strength and ability to manage its budget and debt obligations effectively. The outlook is stable.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.