Phoenix Children's Hospital, AZ's Series 2013 Bonds Assigned 'BBB+' Rating Jan 13
- ID: 2384412
- January 2013
- Standard & Poors
CHICAGO (Standard & Poor's) Jan. 24, 2013--Standard & Poor's Ratings Services assigned its 'BBB+' long-term rating to the Arizona Health Facilities Authority 's $75 million series 2013A-1, $75 million series 2013A-2, and $90 million series 2013A-3 and 2013A-4 variable-rate revenue bonds, and to the authority's $40 million series 2013D fixed-rate revenue bonds. Standard & Poor's also affirmed its 'BBB+' long-term rating on the authority's $284.6 million series 2012 fixed-rate revenue bonds and $225 million series 2007 indexed floating-rate bonds. All bonds were issued for Phoenix Children's Hospital (Phoenix Children's). The outlook is stable. "The 'BBB+' rating reflects our view of Phoenix Children's improved pediatric business position as the main provider of higher-acuity pediatric services as well as expanded government funds...
Companies mentioned in this report are:
- Phoenix Children's Hosp
- Arizona Hlth Facs Auth
Action: New Rating
Action: Outlook: Stable
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Research type: News
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