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Summary: Illinois Finance Authority University of Chicago Medical Center; Hospital Jun 10 Product Image

Summary: Illinois Finance Authority University of Chicago Medical Center; Hospital Jun 10

  • Published: June 2010
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services revised its rating to 'AA-' from 'AAA/A-1+' on the Illinois Finance Authority's 2009A-1 and A-2 bonds, and to 'AA-' from 'AAA/A-1' on the authority's 2009B-1 and B-2 bonds, all issued on behalf of the University of Chicago Medical Center (UCMC). At the same time, Standard & Poor's withdrew its 'AA-' underlying rating (SPUR) on the authority's 2009A-1, A-2, B-1, and B-2 bonds because the bonds converted to fixed-rate mode from variable-rate mode on April 8, 2010. The outlook remains stable. For more details on UCMC, please see our report published Feb. 26, 2010, on RatingsDirect on the Global Credit Portal. USPF Criteria: Not-For-Profit Health Care, June 14, 2007...

Companies mentioned in this report are:
- University of Chicago Med Ctr
- Illinois Fin Auth

Action: Outlook: Stable
Action: Withdrawn

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 READ MORE >

- University of Chicago Med Ctr
- Illinois Fin Auth

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