|
|
 |
|
Viewing report
|
|
|
|
Bulletin: Ratings Unchanged In Talisman-2 (Priory) Finance PLC After Review
Standard & Poors, April 2007
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
LONDON (Standard & Poor's) April 11, 2007-Standard & Poor's Ratings Services said today that following the recent management meeting and review of Talisman-2 (Priory) Finance PLC's results up to and including Dec. 31, 2006, there are no changes to the ratings on the notes (see list below). This is the first full review by Standard & Poor's Ratings Services since the transaction closed in December 2005. 'Our review shows that to date, EBITDAR growth has been slower than expected. However, the ratings remain unchanged as: - The repayment of the notes relies on the sustainable market value of the property assets at debt maturity; - The past 12-month results were affected by a one-off reorganization within the NHS which temporarily...
Companies mentioned in this report are: Talisman-2 (Priory) Finance PLC
Action: Bulletin
|
|
|
|
