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Ascension Health Bonds Rated 'AA' Jul 02
Standard & Poors, July 2002
Abstract
NEW YORK (Standard & Poor's) July 23, 2002--Standard & Poor's Rating Services said today it assigned its double-'A' rating to the Indiana Health Facilities Finance Authority's $37 million auction-rate securities, series 2002E; the Escambia County Health Facilities Authority's $46 million revenue bonds, series 2002C; the Jacksonville Health Facilities Authority's $47 million revenue bonds, series 2002A; the Michigan State Hospital Finance Authority's $57 million revenue bonds, series 2002B; the Wisconsin Health and Educational Facilities Authority's $63 million auction-rate securities, series 2002D; and the Indiana Health Facilities Finance Authority's $106 million revenue bonds, series 2002F and series 2002G, issued for Ascension Health, Mo. Standard & Poor's Ratings Services also said it affirmed its double-'A' and 'A-1'-plus ratings and double-'A' underlying rating (SPUR)...
Companies mentioned in this report are: Ascension Health Alliance,Michigan St Hosp Fin Auth,Escambia Cnty Hlth Fac Auth,Jacksonville Hlth Fac Auth,Indiana Hlth Fac Fin Auth,Wisconsin Hlth & Ed Fac Auth
Action: New Rating
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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