Business

November 4, 2013 11:35 PM

Business Notebook

Columbia’s bond rating by Standard & Poor’s rose to the highest score for taxpayer-backed bonds, the city manager announced Monday. The city’s rating for general obligation bonds is now AA-plus, up from AA, Teresa Wilson said in a news release. S&P was able to accurately assess the city’s strengths and challenges that lay ahead, the news release states. While room for improvement exists, Standard & Poor’s upgrade stands as acknowledgement that the city of Columbia is on the right path. “We are very proud of the increased general obligation rating from Standard & Poor’s,” Wilson said. “This rating will yield a solid fiscal position for Columbia as we navigate our future opportunities within the financial industry.”

Related content

Comments

Videos

More Videos

Tux on Trux, a new take on the tuxedo rental business in Columbia, SC 01:09

Tux on Trux, a new take on the tuxedo rental business in Columbia, SC

Edna's #1 is closing 01:46

Edna's #1 is closing

Moe Levy's Army Store Moves to New Location 01:06

Moe Levy's Army Store Moves to New Location

Fifteen new Dairy Queens coming to Columbia South Carolina, Here's what they'll look like 00:51

Fifteen new Dairy Queens coming to Columbia South Carolina, Here's what they'll look like

VIDEO: NYT: Is Apple Right in Defying the F.B.I.? 01:35

VIDEO: NYT: Is Apple Right in Defying the F.B.I.?

VIDEO: Driverless car impresses 00:46

VIDEO: Driverless car impresses

VIDEO: Life After Walmart in Winnsboro, SC 01:52

VIDEO: Life After Walmart in Winnsboro, SC

VIDEO: The Historic Arcade Mall on Main Street 01:14

VIDEO: The Historic Arcade Mall on Main Street

South Carolina Ports Wando Welch Terminal on Charleston Harbor 01:14

South Carolina Ports Wando Welch Terminal on Charleston Harbor

VIDEO: Crouch Distilling - Craft Whiskey in Columbia South Carolina 01:18

VIDEO: Crouch Distilling - Craft Whiskey in Columbia South Carolina

VIDEO: Lexington S.C. company wins EMMY for software that creates trees for movies 01:08

VIDEO: Lexington S.C. company wins EMMY for software that creates trees for movies

VIDEO: Peanut Harvesting 00:59

VIDEO: Peanut Harvesting

Share Video

Editor's Choice Videos