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Outlook On Sibley Memorial Hospital, DC 'A' Rated Series 2009 Bonds Revised To Positive Jun 11 Product Image

Outlook On Sibley Memorial Hospital, DC 'A' Rated Series 2009 Bonds Revised To Positive Jun 11

  • Published: June 2011
  • Standard & Poors

FEATURED COMPANIES

  • District of Columbia
  • Sibley Mem Hosp
  • MORE

Abstract
NEW YORK (Standard & Poor's) June 22, 2011--Standard & Poor's Ratings Services revised its outlook to positive from stable and affirmed its 'A' long-term rating on the District of Columbia's $63 million series 2009 hospital revenue bonds, issued for Sibley Memorial Hospital, based on its view of the benefits of membership in Johns Hopkins Health System (JHHS). Standard & Poor's raised the ratings on JHHS's debt to 'AA-' on June 21, 2011. "The positive outlook indicates that we could raise the bond rating on Sibley over the next one to two years if the hospital continues to post consistent operating profitability and maintain a strong liquidity position through management's effective expense controls and integration with JHHS, which should help further...

Companies mentioned in this report are:
- Sibley Mem Hosp
- District of Columbia

Action: Affirmed
Action: Outlook: Positive

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 READ MORE >

- Sibley Mem Hosp
- District of Columbia

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