- Published: December 2013
- Region: Global
Parkview Health, IN Bonds Rated 'A+' Nov 01
- Published: November 2001
- Standard & Poors
NEW YORK (Standard & Poor's) Oct. 30, 2001--Standard & Poor's today assigned its single-'A'-plus rating to the Indiana Health Facilities Finance Authority's $70 million hospital revenue refunding bonds, series 2001A, and $150 million hospital revenue bonds, series 2001B and series 2001C, issued for Parkview Health. The bonds are expected to receive a triple-'A' rating, based on bond insurance. The rating reflects: -- A solid market position, -- Inpatient and outpatient growth, -- Solid bottom-line profitability, and -- Strong cash balances. Offsetting factors include losses at non-obligated affiliates, adequate operating-performance and project risk, and strong competition from a diversified health system that also provides comprehensive services in Parkview's primary service area. The proceeds of the bonds will be used to refinance...
Companies mentioned in this report are: Parkview Hlth Sys Oblig Grp,Indiana Hlth Fac Fin 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: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
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Parkview Hlth Sys Oblig Grp,Indiana Hlth Fac Fin Auth