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Adventist Health System/Sunbelt Obligated Group, FL Bonds Rated 'A+/A-1' , 'A+'
Standard & Poors, July 2007
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: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
Abstract
NEW YORK (Standard & Poor's) July 17, 2007--Standard & Poor's Ratings Services assigned its 'A+/A-1' rating to Highlands County Health Facilities Authority, Fla.'s $116.45 million series 2007A hospital revenue bonds and its 'A+' standard long-term rating to the authority's $250 million series 2007B-D hospital revenue bonds, all issued for the Adventist Health System (AHS)/Sunbelt Obligated Group. At the same time, Standard & Poor's affirmed its 'A+' long-term rating and underlying rating (SPUR) on AHS/Sunbelt Obligated Group's preexisting bonds, issued through a variety of issuers, and its 'AAA/A-1+' rating on bonds backed by various LOCs from Sun Trust Bank and AHS, based on the joint-rating criteria. Standard & Poor's also affirmed its 'A-' rating on Adventist Health System Capital Trust I's...
Companies mentioned in this report are: Adventist Hlth Sys/Sunbelt Obligated Grp,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,Volusia Cnty Hlth Fac Auth,Kansas Dev Fin Auth,Kentucky Econ Dev Fin Auth
Action: Affirmed
Action: New Rating
Action: Outlook: Stable
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