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Summary: Jefferson Parish Hospital Service District No. 1, Louisiana West Jefferson Medical Center; Hospital Aug 11
Standard & Poors, August 2011
Standard & Poor's Ratings Services assigned its 'BBB' long-term rating to Jefferson Parish Hospital Service District No. 1, La.'s $119 million series 2011 hospital revenue and refunding bonds to be issued for Jefferson Parish Hospital District No. 1 doing business as West Jefferson Medical Center (WJMC). At the same time, Standard & Poor's affirmed its 'BBB' underlying rating (SPUR) on the district's series 1998A and 1998B bonds also issued for WJMC. The series 1998A and 1998B bonds are insured by Assured Guaranty Municipal Corp. The outlook on all ratings is stable. The 'BBB' rating reflects our view of WJMC's good business position, strong service essentiality, and balance sheet metrics that are adequate for the rating category. The 'BBB' rating further...
Companies mentioned in this report are: West Jefferson Med Ctr,Jefferson Parish Hosp Svc Dist #1
Action: New Rating
Action: Outlook: Stable
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West Jefferson Med Ctr,Jefferson Parish Hosp Svc Dist #1