Moody's Affirms South Carolina Ports Rating, Citing Competitive Advantages
Moody's Investors Service affirmed an A1 rating for the South Carolina Ports Authority's debt, with a stable outlook. It cited the agency's strong operating history, favorable financial performance and distinct advantages such as deep water. It said the SCPA's competitive…
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advantages, such as proximity to open ocean, highly productive operations and a deep-water harbor, mean "the authority will be well-positioned after the Panama Canal expansion is completed" in 2015.