Partners HealthCare System Inc., Massachusetts; Liquidity Facility; System Dec 11

Standard & Poors, December 2011

Abstract
Standard & Poor's Ratings Services has assigned its 'AA' long-term rating, and stable outlook, to the Massachusetts Development Finance Agency's tax exempt series 2011L bonds ($330 million) and taxable series 2012 bonds ($250 million), issued for Partners HealthCare System Inc. Partners may issue an additional $45 million on the series 2011L, to refinance some additional existing debt, depending on market conditions at the time of sale. We have factored this possibility into the rating assignment. Standard & Poor's also affirmed its 'AA' long-term rating and underlying rating (SPUR) and its 'AA/A-1+' or 'AA/A-1' dual ratings on various series of agency debt, issued for Partners. We have adjusted the short-term components on some of these dual ratings to reflect our recent...

Companies mentioned in this report are:
- Partners Healthcare Sys, Inc.
- Massachusetts Development Finance Agency
- Massachusetts Coll of Pharmacy & Hlth Sciences

Action: New Rating

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: Full Analysis

- Partners Healthcare Sys, Inc.
- Massachusetts Development Finance Agency
- Massachusetts Coll of Pharmacy & Hlth Sciences

Customers who bought this item also bought

• Commercial Unmanned Aerial Systems (UAS): Market Shares, Strategies, and Forecasts, Worldwide, 2012 to 2018
• Commercial And Military Flight Simulation - Global Strategic Business Report
• African Infrastructure Tracker: South Africa's Social Infrastructure
• eLEARNING - Global Strategic Business Report
• Unmanned Aerial Systems (UAS): Market Shares, Strategies, and Forecasts, Worldwide, 2012 to 2018
• Dual Enrollment: Strategies, Outcomes, and Lessons for School-College Partnerships. New Directions for Higher Education, Number 158. J-B HE Single Issue Higher Education
• Life Sciences Funding - 2008
• Aerospace and Defense Industry - Global Strategic Business Report
• Unmanned Aircraft Market Shares, Strategies, and Forecasts, Worldwide, 2011 to 2017
• Distance Learning - Global Outlook