• 1-800-526-8630U.S. (TOLL FREE)
  • 1-917-300-0470EAST COAST U.S.
  • +353-1-416-8900REST OF WORLD
Mount Sinai NYU Health Obligated Group Rating Placed On Watch Pos On NYU Hospital Likely Split May 06 Product Image

Mount Sinai NYU Health Obligated Group Rating Placed On Watch Pos On NYU Hospital Likely Split May 06

  • ID: 1952784
  • May 2006
  • Standard & Poors

FEATURED COMPANIES

  • New York State Dorm Auth
  • NYU Hospitals Ctr
  • MORE

Abstract
NEW YORK (Standard & Poor's) May 23, 2006--Standard & Poor's Ratings Services placed its rating on New York State Dormitory Authority's revenue debt, issued for Mount Sinai NYU Health Obligated Group, on CreditWatch with positive implications due to New York University Hospitals Center's planned withdrawal this summer, which will be a major change in the obligated group's structure and is likely to result in a higher rating. The pending withdrawal, if successful, will leave Mount Sinai Hospital, whose credit profile as a single entity is likely to be stronger than the obligated group as currently configured, as the obligated group's only member, which could result in a multinotch upgrade. In addition, NYU Hospitals Center, while not carrying as strong a...

Companies mentioned in this report are:
- NYU Hospitals Ctr
- New York State Dorm Auth

Action: On CreditWatch: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 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.

Note: Product cover images may vary from those shown

- NYU Hospitals Ctr
- New York State Dorm Auth

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

RELATED PRODUCTS