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Summary: California Health Facilities Financing Authority Stanford Hospital and Clinics; Hospital; Joint Criteria May 10

  • ID: 1820895
  • May 2010
  • Region: California
  • Standard & Poors

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 Hlth Care
- California Hlth Facs Fincg Auth

Action: Affirmed
Action: New Rating
Action: Outlook: Stable

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- Stanford Hlth Care
- California Hlth Facs Fincg Auth

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

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