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BroMenn Healthcare, IL's Series 2008 Bond Rating Withdrawn Due To Nonissuance
Standard & Poors, April 2010
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
CHICAGO (Standard & Poor's) April 1, 2010-- Standard & Poor's Ratings Services withdrew its 'A-' long-term rating on the Illinois Finance Authority's series 2008 bonds issued for BroMenn Healthcare. The bonds were never issued. Standard & Poor's assigned the rating on Sept. 30, 2008. BroMenn Healthcare has since been acquired by Advocate Healthcare System, which is located in Illinois....
Companies mentioned in this report are: Illinois Fin Auth
Action: Withdrawn
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