S&P lifts Horry County, S.C., bonds to AA

Standard & Poor's said it raised its rating to AA from AA- on Horry County, S.C.'s outstanding general obligation bonds.

S&P said the upgrade reflects strong financial performance and new implemented formalized financial and capital planning policies and practices.

In addition, S&P said it assigned an AA rating and stable outlook to the county's $62 million of series 2008 G.O. bonds.

The outlook is stable.

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