- Language: English
- 359 Pages
- Published: October 2011
- Region: United Kingdom
Summary: Iowa Board of Regents University of Iowa Hospital and Clinics; Hospital Mar 10
- Published: March 2010
- Region: Iowa
- Standard & Poors
Standard & Poor's Ratings Services affirmed its 'AA' rating on the state of Iowa Board of Regents' $33.75 million series 2009, $24.375 million series 2007, $24.225 million series 2007A, and $21.95 million series 2002 revenue bonds issued for University of Iowa Hospital and Clinics (UIHC). The outlook is stable. The rating reflects the system's very strong financial profile and debt service coverage, combined with its excellent business position. More specifically, the rating reflects UIHC's: Strong coverage of maximum annual debt service (MADS) of 7.0x for fiscal 2009, due to UIHC's very low debt burden and despite declines in operating and excess incomes for the year; Strong institutional characteristics and presence in eastern Iowa; Solid balance sheet measures, characterized by a...
Companies mentioned in this report are: University of Iowa Hosps & Clinics,Brd of Regents, State of Iowa
Action: Outlook: Stable
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University of Iowa Hosps & Clinics,Brd of Regents, State of Iowa