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Ascension Health, Missouri; Health Care, System Jan 05
Standard & Poors, Jan 2005
Abstract
Standard & Poor's Ratings Services assigned its 'AA-' long-term rating to the $650 million series 2005 A and B subordinated revenue bonds issued on behalf of Ascension Health by Indiana Health Facility Financing Authority, Michigan State Hospital Finance Authority, and the Alabama Special Care Facilities Financing Authority of Birmingham. In addition, Standard & Poor's affirmed its 'AA' long-term rating and its 'AA' underlying rating (SPUR) on the outstanding health facility revenue bonds issued by a variety of issuers on behalf of Ascension Health. Standard & Poor's also affirmed its 'A-1+' CP rating on Ascension Health's CP program and its 'A-1+' short-term rating on the system's various variable-rate demand bonds (VRDBs). The outlook is stable. The new series 2005 A and...
Companies mentioned in this report are: Ascension Health Alliance,Michigan St Hosp Fin Auth,Indiana Hlth Fac Fin Auth,Alabama Spl Care Fac Fin Auth of Birmingham
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
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