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'A' Underlying Rating On Catholic Healthcare West, CA's Series 2007KL Bonds Reinstated; Outlook Now Stable Jul 09
Standard & Poors, July 2009
Abstract
DALLAS (Standard & Poor's) July 30, 2009--Standard & Poor's Ratings Services reinstated its 'A' underlying rating (SPUR) and revised its outlook to stable from positive on California Statewide Communities Development Authority's series 2007KL bonds, issued for Catholic Healthcare West. On May 19, 2008, Standard & Poor's incorrectly designated the bonds as called and withdrew the rating due to an administrative error. RELATED RESEARCH USPF Criteria: 'Not-For-Profit Health Care,' June 14, 2007...
Companies mentioned in this report are: Dignity Hlth,California Statewide Communities Dev Auth
Action: Outlook: Stable
Action: Rating Reinstated
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.
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