Rating On Unity Health Center, OK's Series 2004 Bonds Withdrawn After Defeasance Feb 13

  • ID: 2394046
  • February 2013
  • Standard & Poors
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  • Oklahoma Dev Fin Auth
  • Unity Hlth Ctr
  • MORE

CHICAGO (Standard & Poor's) Feb. 4, 2013--Standard & Poor's Ratings Services withdrew its 'A-' long-term rating on the Oklahoma Development Finance Authority's series 2004 hospital revenue bonds, issued for Unity Health Center. The bonds were defeased by SSM Healthcare System after its acquisition of Unity Health Center on June 30, 2012. The 81-staffed-bed acute care hospital, located in Shawnee, Okla., has been renamed St. Anthony Shawnee Hospital. SSM Healthcare System is a large health care delivery system that owns, manages, and is affiliated with 16 acute care hospitals, one pediatric hospital, and two nursing homes in four states: Missouri, Illinois, Wisconsin, and Oklahoma. St. Anthony Shawnee Hospital will be the third SSM hospital in Oklahoma....

Companies mentioned in this report are:
- Unity Hlth Ctr
- Oklahoma Dev Fin Auth

Action: Withdrawn

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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- Unity Hlth Ctr
- Oklahoma Dev Fin Auth

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