Mountain States Health Alliance, TN's Series 2011 Bonds Rated 'BBB+' Jan 12
Standard & Poors, January 2012
Abstract
DALLAS (Standard & Poor's) Jan. 23, 2012--Standard & Poor's Ratings Services assigned its 'BBB+' underlying rating (SPUR) to Mountain States Health Alliance (MSHA), Tenn.'s series 2011A, 2011B, 2011C, 2011D, and 2011E bonds from various issuers. At the same time, Standard & Poor's affirmed its 'BBB+' issuer credit rating (ICR) on MSHA and its 'BBB+' long-term rating and SPUR on existing rated bonds from various issuers for MSHA. The outlook is stable. "The ratings reflect our view of MSHA's excellent business position, strong management and governance, continued strong financial performance, and more moderate capital spending needs during the next five years," said Standard & Poor's credit analyst Karl Propst. MSHA's $235 million series 2011A, 2011B, 2011C, 2011D, and 2011E bonds were...
Companies mentioned in this report are: Mountain States Hlth Alliance
Action: Affirmed
Action: New Rating
Action: Outlook: Stable
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.
Mountain States Hlth Alliance
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