Title:

Credit Quality Poised To Improve For Australia's Health Sector, Report Says

Price:$100.00
Publication Date:Apr 27, 2008
Report Type:News
Abstract:MELBOURNE (Standard&Poor's) April 28, 2008--Despite a large disparity in the financial risk profiles of Australia's health-care companies, sector-wide credit quality is poised to improve in the next year, according to a report published today by Standard&Poor's Ratings Services titled "Credit Fundamentals Healthy For The Australian Health Sector, But Financial Risk Remains." The report explores key trends and issues affecting the credit quality of Australia's largest companies involved in the private health-care sector. Although Standard&Poor's doesn't rate any Australian health-care service companies, our review of the sector has identified several factors that contribute to the positive credit profile of the industry. "Debt-funded M&A has increased leverage, but financial risk profiles across the sector are likely
Brief Excerpt:RESEARCH Ratings Definitions Credit Quality Poised To Improve For Australia's Health Sector, Report Says Publication date: ##-Apr-#### Primary Credit Analyst: Brenda Wardlaw, Melbourne (##) #-####-####; brenda_wardlaw@standardandpoors.com...
Word Count:602
Sector:Global Issuers, Corporations, Consumer Products
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S&P Credit Research

S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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