Summary: Marquette Economic Development Corp., Michigan Bell Memorial Hospital; Letter of Credit Mar 12
Standard & Poors, March 2012
Abstract
Standard & Poor's Ratings Services affirmed its 'A/A-1' rating on Marquette Economic Development Corp., Mich.'s (Bell Memorial Hospital Project) adjusted-rate demand limited obligation revenue refunding bonds series 2007B, due to the bank facility being extended to Aug. 15, 2012. The long-term and short-term components of the rating are based on the rating on RBS Citizens N.A. Criteria: Methodology And Assumptions: Approach To Evaluating Letter Of Credit-Supported Debt, July 6, 2009...
Companies mentioned in this report are: Bell Memorial Hospital,Marquette Econ Dev Corp
Action: Affirmed
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This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.
Bell Memorial Hospital,Marquette Econ Dev Corp
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