Outlook Revised To Negative On Hospital Sisters Services Inc., IL, Bond Ratings (Various Series); Ratings Affirmed Jun 10
Standard & Poors, June 2010
Abstract
CHICAGO (Standard & Poor's) June 28, 2010--Standard & Poor's Ratings Services revised its outlook to negative from stable on the Illinois Finance Authority's (IFA) and the Wisconsin Health and Educational Facilities Authority's (WHEFA) series 2003A, 2003B, 2007A, 2007B-1, 2007B-2, 2007C, 2008A, and 2008B bonds. At the same time, Standard & Poor's affirmed its 'AA/A-1+' rating on the IFA's series 2008A bonds and the WHEFA's series 2003B and 2008B bonds. We also affirmed the 'AA' long-term rating and underlying rating (SPUR) on the IFA's and WHEFA's series 2003A, 2007A, 2007B-1, 2007B-2 and 2007C bonds. All bonds were issued on behalf of Hospital Sisters Services Inc. (HSSI), Ill. "The outlook revision is based on significant volume declines over the past two years,...
Companies mentioned in this report are:
- Hospital Sisters Services, Inc.
- Illinois Fin Auth
- Wisconsin Hlth & Ed Fac Auth
Action: Affirmed
Action: Outlook: Negative
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.
- Hospital Sisters Services, Inc.
- Illinois Fin Auth
- Wisconsin Hlth & Ed Fac Auth
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