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Summary: Washington Health Care Facilities Authority, Washington Fred Hutchinson Cancer Research Center; Joint Criteria; Non-Profit Organizations May 11
Standard & Poors, May 2011
Standard & Poor's Ratings Services assigned its 'A' long-term rating to Washington Health Care Facilities Authority, Wash's series 2011A revenue bonds, issued on behalf of the Fred Hutchinson Cancer Research Center (FHCRC). At the same time, Standard & Poor's assigned its 'A' underlying rating (SPUR) to the center's series 2011B-C revenue bonds. Standard & Poor's also affirmed its 'A' long-term, underlying (SPUR), and issuer credit rating (ICR) on the center's outstanding debt. Finally, Standard & Poor's affirmed its 'AAA/A-1+' rating on the center's series 2009B bonds and the 'AAA/A-1' rating on the center's series 2001A bonds. The outlook on all bonds is stable. The 'A' rating reflects our view of FHCRC's: Strength as one of the few comprehensive cancer centers...
Companies mentioned in this report are: Fred Hutchinson Cancer Research Ctr,JPMorgan Chase Bank N.A.,Bank of America N.A.,Washington Hlth Care Fac Auth
Action: New Rating
Action: Outlook: Stable
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Fred Hutchinson Cancer Research Ctr,JPMorgan Chase Bank N.A.,Bank of America N.A.,Washington Hlth Care Fac Auth