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Maryland Health & Higher Educational Facilities Authority MedStar Health Inc.; Joint Criteria; System Dec 10

Standard & Poors, December 2010

Abstract
Standard & Poor's Ratings Services assigned its 'A-' long-term rating to Maryland Health & Higher Educational Facilities Authority's $78.8 million revenue refunding bonds series 2010, issued for MedStar Health Inc. Standard & Poor's also affirmed its 'A-' long-term rating and underlying rating (SPUR), with a stable outlook on various health care revenue bonds, issued by the Authority for MedStar Health. Standard & Poor's also affirmed its 'AAA/A-1+' rating on District of Columbia's series 1998A tranche 1 bonds issued for MedStar based on the application of joint criteria, using low correlation, with the long-term component of the rating based jointly on the letter of credit (LOC) provider, Wells Fargo Bank N.A. (AA/Negative) and MedStar Health, and the short-term component of the...

Companies mentioned in this report are:
- MedStar Hlth, Inc.
- Maryland Hlth & Hgr Ed Facs Auth
- District of Columbia

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

- MedStar Hlth, Inc.
- Maryland Hlth & Hgr Ed Facs Auth
- District of Columbia

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