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Indiana Finance Authority Floyd Memorial Hospital and Health Services; Hospital; Joint Criteria Jun 11 Product Image

Indiana Finance Authority Floyd Memorial Hospital and Health Services; Hospital; Joint Criteria Jun 11

  • Published: June 2011
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services affirmed its 'A-' long-term rating on the Indiana Finance Authority's $55.745 million series 2010 fixed-rate revenue bonds issued on behalf of Floyd Memorial Hospital and Health Services. In addition, Standard & Poor's affirmed its 'A-' underlying rating (SPUR) on the authority's series 2008A variable-rate demand bonds (VRDBs) also issued for Floyd. The outlook on both ratings is stable. Standard & Poor's also affirmed its 'AAA/A-1' rating on the authority's series 2008A VRDBs issued for Floyd. The rating is based on the application of our joint criteria using the low correlation chart. The long-term component of the rating is jointly based on the long-term ratings on the board of trustees of Floyd Memorial Hospital and Health...

Companies mentioned in this report are: Floyd Mem Hosp & Hlth Svcs,Indiana Fin Auth
Action: Affirmed

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Floyd Mem Hosp & Hlth Svcs,Indiana Fin Auth

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