Summary: Dutchess County Industrial Development Agency, New York New York State Dormitory Authority Dutchess County Local Government Corp. Health Quest System Inc.; System Feb 12
- ID: 2053312
- February 2012
- Region: New York
- Standard & Poors
Standard & Poor's Ratings Services affirmed its 'A-' underlying rating (SPUR) on the Dutchess County Industrial Development Agency, N.Y.'s series 2005 bonds, issued for Vassar Brothers Medical Center (VBMC). At the same time, Standard & Poor's affirmed its 'A-' SPUR on the New York State Dormitory Authority's series 2007 bonds, issued for Health Quest System Inc. (HQSI), and the authority's series 1997 bonds, issued for VBMC. Standard & Poor's also affirmed its 'A-' long-term rating on Dutchess County Local Development Corp., N.Y.'s series 2010 bonds, issued for HQSI. The outlook on all ratings is stable. The ratings reflect our view of HQSI's historically solid business position and year-to-date improvement in operating performance offset by an only adequate balance sheet and...
Companies mentioned in this report are:
- Health Quest Sys, Inc.
- Dorm Auth of the St of New York
- Dutchess Cnty Indl Dev Agy
- Dutchess Cnty Local Dev Corp
Action: Outlook: Stable
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