- Language: English
- 94 Pages
- Published: June 2013
- Region: United Kingdom
Pell City Special Care Facilities Financing Authority, Alabama Noland Health Services Inc.; Long Term Care Nov 10
- Published: November 2010
- Region: Alabama
- Standard & Poors
Standard & Poor's Ratings Services assigned its 'A-' long-term rating to Pell City Special Care Facilities Financing Authority, Ala.'s $92.98 million series 2010A bonds issued for Noland Health Services Inc. (NHS) and affirmed its 'A-' long-term rating on the series 2007-A bonds issued by the authority for NHS. Standard & Poor's expects to withdraw this rating at the time of the 2010 refunding. Securing the bonds is the gross revenue of NHS' obligated group members and mortgages on the senior-living facility. NHS will use series 2010-A bond proceeds to advance refund the authority's approximately $19.3 million series 2007-A bonds, and refund the authority's approximately $50 million series 2009-A bonds on a current basis. The rating also factors in about $20...
Companies mentioned in this report are: Noland Hlth Services,Pell City Spl Care Facs Fincg 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: Full Analysis
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Noland Hlth Services,Pell City Spl Care Facs Fincg Auth