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Adventist Health System/Sunbelt Obligated Group, Florida; Health Care, Joint Criteria; Health Care, System
Standard & Poors, Dec 2005
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Full Analysis
Abstract Standard & Poor's Ratings Services assigned its 'A+' rating to Highlands County Health Facilities Authority's $225.0 million series 2005E-H hospital revenue bonds (auction reset securities) and $185.21 million series 2005I long-term adjustable rate hospital revenue bonds, all issued on behalf of the Adventist Health System (AHS)/Sunbelt Obligated Group. At the same time, Standard & Poor's affirmed its 'A+' standard long-term ratings and underlying ratings (SPUR) on $1.4 billion of AHS/Sunbelt Obligated Group's bonds, issued through a variety of issuers. In addition, Standard & Poor's affirmed its 'AA+/A-1+' rating on $174.5 million of bonds, issued on behalf of AHS and backed by various LOCs from Sun Trust Bank and AHS. The rating on these bonds, which have also been assigned a...
Companies mentioned in this report are: Adventist Hlth Sys/Sunbelt Obligated Grp,Orange Cnty Hlth Fac Auth,Highlands Cnty Hlth Fac Auth,Nashville & Davidson Cnty Metro Govt Hlth & Ed Fac Brd,Colorado Hlth Fac Auth,Tarrant Cnty Hlth Facs Dev Corp,Illinois Fin Auth,Kentucky Econ Dev Fin Auth Action: New Rating
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