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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
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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: Affirmed
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
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- Prohealth Care Inc
- Wisconsin Hlth & Ed Fac Auth

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