|
|
 |
|
Viewing report
|
|
|
|
Ascension Health, MO's Series 1999 And 1999B-3 Bonds Rated 'AA' On Excellent Geographic And Financial Dispersion Feb 09
Standard & Poors, Feb 2009
Abstract
DALLAS (Standard & Poor's) Feb. 19, 2009--Standard & Poor's Ratings Services assigned its 'AA' long-term rating to Michigan State Hospital Finance Authority 's series 1999B-3 multiannual-mode bonds and 'AA' long-term rating to Connecticut Health and Education Facilities Authority's series 1999B multiannual-mode bonds issued for Ascension Health, Mo., based on further clarification of Ascension Health's finance plan. For additional information on Ascension Health's long-term rating, see ' Ascension Health, Missouri; System,' published Feb. 17, 2009, on RatingsDirect. 'The stable outlook reflects Ascension Health's position as the largest nongovernmental, not-for-profit health system in the country,' said Standard & Poor's credit analyst Kevin Holloran. 'In addition, Ascension Health reports historically very strong cash flow, established operating performance, and sizable unrestricted reserves,' said Mr....
Companies mentioned in this report are: Ascension Health Alliance,Connecticut Hlth & Educl Facs Auth,Michigan St Hosp Fin Auth
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.
|
|
|
|
