Outlook On Agnesian Healthcare Inc., WI, Series 2010 Hospital Revenue Bond Rtg Revised To Positive; 'A-' Rtg Affirmed Dec 11
Standard & Poors, December 2011
Abstract
CHICAGO (Standard & Poor's) Dec. 9, 2011--Standard & Poor's Ratings Services revised its rating outlook to positive from stable on the Wisconsin Health and Educational Facilities Authority's $56.475 million series 2010 hospital revenue bonds, issued for Agnesian Healthcare Inc. At the same time, Standard & Poor's affirmed its 'A-' long-term rating on the bonds. "The outlook revision reflects our view of Agnesian's ability to continue to produce solid operations while improving its balance sheet," said Standard & Poor's credit analyst Brian Williamson. Before we consider a rating change, we plan to analyze how Agnesian will finance the cost to build a replacement hospital for its newly acquired facility, Ripon Medical Center. Agnesian anticipates the new facility will cost approximately $35...
Companies mentioned in this report are:
- Agnesian Hlthcare, Inc.
- Wisconsin Hlth & Ed Fac Auth
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.
- Agnesian Hlthcare, Inc.
- Wisconsin Hlth & Ed Fac Auth
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