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Mountain States Health Alliance, TN's Series 2011 Bonds Rated 'BBB+' Jan 12
Standard & Poors, January 2012
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: New Rating
Action: Outlook: Stable
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Research type: News
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Mountain States Hlth Alliance