- Published: November 2010
- Region: Indonesia
Research Update: Healthcare Support (North Staffs) Finance Outlook To Positive On Construction Progress; 'BBB-' Issue Rating Affirmed Dec 11
- Published: December 2011
- Standard & Poors
Healthcare Support (North Staffs) Ltd. (ProjectCo) has largely completed the construction of new hospital facilities in North Staffordshire, and has started to provide facilities management services, which are reported as being satisfactory to date. We are therefore revising our outlook on the senior secured debt issued by U.K.-based special-purpose vehicle Healthcare Support (North Staffs) Finance PLC to positive from stable. We are also affirming our 'BBB-' issue rating on the senior secured debt. The positive outlook reflects our view that ProjectCo will complete construction on, or ahead of, schedule and that the provision of facilities management services will remain satisfactory. On Dec. 16, 2011, Standard & Poor's Ratings Services revised its outlook on the senior secured debt issued by the...
Companies mentioned in this report are: Healthcare Support (North Staffs) Finance PLC
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.
Product Type: Research Update
Research updates complement media releases. They offer more depth and detail than summary analyses by incorporating all information published in the media release. They are more up to date than summaries in that they are published simultaneously with media releases.
SHOW LESS READ MORE >
Healthcare Support (North Staffs) Finance PLC