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California Health Facilities Financing Authority Stanford Hospital and Clinics; Hospital; Joint Criteria May 10
Standard & Poors, May 2010
Abstract
Standard & Poor's Ratings Services assigned its 'A+' long-term rating to California Health Facilities Financing Authority's series 2010A and 2010B revenue bonds, issued on behalf of Stanford Hospital and Clinics (SHC), Calif. At the same time, Standard & Poor's affirmed its 'A+' long-term and underlying rating (SPUR) on California Health Facilities Financing Authority's outstanding hospital revenue bonds, issued on behalf of SHC. Finally, Standard & Poor's affirmed its 'AAA/A-1' rating on SHC's 2008A-2, based on the application of our joint criteria, and affirmed its 'A+/A-1' rating on SHC's existing debt. The 'A-1' short-term rating is based on our view of SHC's liquidity. The assigned rating reflects our opinion of SHC's: Sound business position as a premier academic medical center in...
Companies mentioned in this report are: Stanford Hospital & Clinics,California Hlth Facs Fin Auth
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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