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Outlook On Various Indiana University Health Obligated Group Bond Ratings Revised To Positive; 'A+' Rating Affirmed Apr 11
Standard & Poors, April 2011
Abstract
CHICAGO (Standard & Poor's) April 14, 2011--Standard & Poor's Ratings Services revised its rating outlook to positive from stable on the Indiana Finance Authority's (IFA) revenue bonds, series 2003E, 2003G, 2005A-D, and 2008A-D, and on the Indiana Health and Educational Facility Financing Authority's (IHEFFA) series 2000A and 2006A-B bonds, all issued on behalf of the Indiana University Health Obligated Group (IU Health; formerly known as Clarian Health Obligated Group). At the same time, Standard & Poor's affirmed its 'A+' long-term rating and underlying rating (SPUR) on the bonds. 'The outlook revision and 'A+' ratings reflect IU Health's continued strong operations in fiscal 2010, continued strong business position, successful integration of recently acquired facilities, and experienced management team,' said Standard &...
Companies mentioned in this report are: Indiana Univ Hlth Oblig Grp,Indiana Hlth & Educl Fac Fincg Auth,Indiana Fin Auth
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 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.
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