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Summary: Daphne Special Care Facilities Finance Authority, Alabama Mercy Medical Corp.; Letter of Credit Jan 13 Product Image

Summary: Daphne Special Care Facilities Finance Authority, Alabama Mercy Medical Corp.; Letter of Credit Jan 13

  • Published: January 2013
  • Standard & Poors

FEATURED COMPANIES

Abstract
Standard & Poor's Ratings Services confirmed its 'AA-/A-1+' rating on Daphne Special Care Facilities Finance Authority, Ala.'s (Mercy Medical Corp. Project) adjusted-rate revenue bonds series 2000, due to the bank facility being extended to Dec. 31, 2014. The long-term and short-term components of the rating are based on the rating on the letter of credit provider, Wells Fargo Bank N.A. Criteria: Methodology And Assumptions: Approach To Evaluating Letter Of Credit-Supported Debt, July 6, 2009...

Companies mentioned in this report are:
- Daphne Spl Care Fac Fin Auth
- Mercy Med Corp

Action: Affirmed

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 READ MORE >

- Daphne Spl Care Fac Fin Auth
- Mercy Med Corp

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