Outlook On ProHealth Care Inc., WI Bond Ratings (Various Series) Revised To Stable On Improved Balance Sheet Mar 12
- ID: 2083646
- March 2012
- Standard & Poors
CHICAGO (Standard & Poor's) March 5, 2012--Standard & Poor's Ratings Services revised its rating outlook to stable from negative on the Wisconsin Health and Educational Facilities Authority's $32.33 million series 2011 fixed-rate revenue bonds, $139.1 million series 2009 fixed-rate revenue bonds, and Ambac-insured $34.1 million series 2001A and 1999 bonds, issued for ProHealth Care Inc. Standard & Poor's also affirmed its 'A+' long-term rating on the series 2011 and 2009 bonds, and its 'A+' long-term rating and underlying rating on the series 2001A and 1999 bonds. "The outlook revision reflects our view of ProHealth's improved balance sheet, its successful weathering of the opening of a competing hospital in the service area, and improved overall operating performance," said Standard & Poor's...
Companies mentioned in this report are:
- Prohealth Care Inc
- Wisconsin Hlth & Ed Fac Auth
Action: Outlook: Stable
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