Illinois Finance Authority Central DuPage Health; Hospital Oct 09
- ID: 1723699
- October 2009
- Region: Illinois
- Standard & Poors
Standard & Poor's Ratings Services assigned its 'AA' long-term rating, with a stable outlook, to the Illinois Finance Authority's series 2009B fixed-rate revenue bonds, issued for Central DuPage Health (CDH). Standard & Poor's also affirmed its 'AA' long-term rating and underlying rating (SPUR), with a stable outlook, on the authority's series 2000A-1 and 2000A-2 periodic auction-rate bonds, insured by National Public Finance Guarantee Corp. (formerly known as MBIA Insurance Corp. of Illinois), issued for CDH. In addition, Standard & Poor's affirmed its 'AA/A-1+' rating, with a stable outlook, on the authority's series 2000B and C and 2004A, B, and C bonds, which trade as variable-rate demand obligations (VRDO) in the daily mode, issued for CDH. The rating's long-term component, based...
Companies mentioned in this report are:
- CDH/Delnor Hlth Sys d/b/a Cadence Hlth & Affiliates
- Illinois Fin Auth
Action: New Rating
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