Title:

Summary: Ross County, Ohio Adena Health System; Hospital

Price:$175.00
Publication Date:May 01, 2008
Report Type:Summary
Abstract:Standard&Poor's Ratings Services affirmed its 'A+/A-1' rating on Ross County, Ohio's variable-rate hospital facilities revenue refunding and improvement bonds, series 2006, issued on behalf of Adena Health System. The long-term component of the rating is based on a bond insurance policy provided by CIFG Assurance North America Inc. (A+/Negative) and represents the likelihood that debt service will be paid over the life of the issue. The short-term component of the rating represents the likelihood of payment of tenders and reflects a standby purchase agreement (SBPA) provided by Landesbank Hessen-Thueringen Girozentrale (A/A-1). The bonds also maintain a Standard&Poor's underlying rating (SPUR) of 'A'. For more information on this SPUR, please see "Ross County, Ohio", RatingsDirect, Oct. 22,
Brief Excerpt:RESEARCH Ratings Definitions Summary: Ross County, Ohio Adena Health System; Hospital Publication date: ##-May-#### Primary Credit Analyst: Carolina Patino, Chicago (#) ###-###-####; carolina_patino@standardandpoors.com Secondary...
Word Count:753
Issuer:Adena Hlth Sys
Sector:Public Finance
Country:United States
Region:United States
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