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California Health Facilities Financing Authority Industrial Development Authority Of The County of Maricopa Catholic Healthcare West; Joint Criteria; System Apr 09
Standard & Poors, April 2009
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 revised its rating outlook to stable from positive. At the same time, Standard & Poor's assigned its 'A' long-term rating to the California Health Facilities Financing Authority's $341.665 million series 2009A fixed-rate bonds and $121.8 million series 2009B-D put bonds, issued for Catholic Healthcare West. Standard & Poor's also assigned its 'A' long-term ratings to Industrial Development Authority of the County of Maricopa, Ariz.'s $52.64 million series 2009A fixed-rate bonds and $76.1 million series 2009B-C put bonds, issued for CHW. At the same time, Standard & Poor's affirmed its 'A' long-term ratings and 'A' underlying ratings (SPUR) on CHW's outstanding tax-exempt bonds (various series and various issuers).. The 'A' long-term ratings reflect our view of...
Companies mentioned in this report are: Catholic Healthcare West,Maricopa Cnty Indl Dev Auth,California Hlth Facs Fin Auth
Action: New Rating
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