|
|
 |
|
Viewing report
|
|
|
|
Advocate Health Care Network, IL Debt Rating Affirmed at 'AA/A-1+'; Outlook Stable Nov 04
Standard & Poors, Nov 2004
Abstract
NEW YORK (Standard & Poor's) Nov. 11, 2004--Standard & Poor's Ratings Services affirmed its 'AA/A-1+' rating on Illinois Health Facilities Authority's $115 million outstanding revenue bonds, series 2003A, 2003B, and 2003C, issued for Advocate Health Care Network (AHCN), which is based in Oak Brook, Ill. Standard & Poor's also affirmed its 'AA' and 'AA/A-1' ratings on Illinois Health Facilities Authority's approximately $439.4 million outstanding bonds issued for AHCN. The affirmation of the short-term 'A-1+' rating on the series 2003A, 2003B, and 2003C bonds reflects the credit strength inherent in AHCN's 'AA' long-term rating as well as the sufficiency of AHCN's unrestricted assets in providing liquidity support for these bonds, which were issued as multimodal bonds with initial put periods occurring...
Companies mentioned in this report are: Advocate Hlth Care Network,Illinois Hlth Fac Auth
Action: Affirmed
Action: Outlook: Stable
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: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
|
|
|
|
