Cities within South Carolina
Other governmental entity below the state level
While several South Carolina bonds may be available in the market, some of the key ones are:
South Carolina State Education Assistance bonds: This bond is issued by South Carolina Student Loan (SCSL), which is the only non-profit education lender in South Carolina. These bonds are guaranteed by South Carolina State Education Assistance and the money raised is used to fund student loans. The ratings on these bonds are based on the quality of the student loan portfolio, the credit enhancement provided and the soundness of the legal structure.
South Carolina Public Service (Santee Cooper) bonds: The bonds issued by this issuer usually receive strong investment ratings from ratings agencies such as Fitch Ratings and Standard & Poor’s. The proceeds for the bonds issued on October 19, 2009 were required to meet the capital requirements for preconstruction activities involved in the expansion of Santee Cooper’s VC Summer Nuclear Generating Station with SCE&G and for refinancing a portion of the utility’s outstanding debt.
Palmetto Health bonds: These bonds are issued by South Carolina Jobs-Economic Development Authority on behalf of Palmetto Health (PH). The issuer’s series 2009 bonds received 'BBB+' rating from Fitch Ratings.