Trinity Health, Michigan; CP; Hospital; System Sep 11
- ID: 1924527
- September 2011
- Region: Michigan
- Standard & Poors
Standard & Poor's Ratings Services assigned its 'AA' long-term rating to the Michigan Finance Authority, Mich.'s $325.7 million fixed rate series 2011 bonds, the California Statewide Communities Development Authority's $106.6 million fixed-rate series 2011 bonds, to the Montgomery County, Md.'s $62.9 million fixed rate series 2011 bonds, Franklin County, Ohio's $14.5 million fixed rate series 2011 bonds, the Illinois Finance Authority's $97.8 million fixed rate series 2011 bonds, all issued for Trinity Health, Mich. In addition, Standard & Poor's affirmed its 'AA' long-term rating and underlying rating (SPUR) and 'AA/A-1+' dual rating on various series of debt issued by various parties for Trinity Health. The 'A-1+', short-term component of the dual rating reflects the credit strengths inherent in the 'AA'...
Companies mentioned in this report are:
- Trinity Health Credit Group
- Montgomery Cnty
- Michigan Fin Auth
- Illinois Fin Auth
- California Statewide Communities Dev Auth
Action: New Rating
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Research Type: Full Analysis