Home Credit Ratings and Research Fitch Research The Illinois Finance Authority

Silver Cross Health System, Illinois

Published Feb 25, 2019

9 pages (4206 words) — Published Feb 25, 2019

Price US$ 550.00 | Buy this Report Now

About This Report

Brief Excerpt:

...The affirmation of the 'BBB+' rating reflects Fitch Ratings' expectation of continued strong operating profitability and moderate capital needs that will allow Silver Cross Health System (Silver Cross) to continue to build cash and improve financial profile metrics. The rating also reflects Silver Cross' leading market position and market share gains in a stable service area. The revision of the Rating Outlook to Positive from Stable is based on Fitch's expectation that Silver Cross' financial profile will continue to improve through the rating case with forward- looking leverage metrics becoming more comparable with the broader 'A' category during the two-year Rating Outlook period....

Report Type:

Full Rating Report

Company(ies)

The Illinois Finance Authority

Format:

PDF

Fitch Affirms Silver Cross Health System (IL) Revenue Bonds at 'BBB+'; Outlook Revised to Positive – 2019/02/08 – US$ 149.00

Fitch Takes Various Rating Actions on U.S. Enhanced Municipal Bonds and TOBs – 2019/02/14 – US$ 149.00

Fitch Rates Elgin, IL's $9.3MM ULTGO Bonds 'AAA'; Outlook Stable – 2019/02/22 – US$ 149.00

Fitch Rates Advocate Aurora Health's Taxable CP Program 'F1+'; Affirms IDR and Rev Bond Rating – 2019/02/22 – US$ 149.00

Fitch Takes Various Rating Actions on U.S. Enhanced Municipal Bonds and TOBs – 2019/02/25 – US$ 149.00

Fitch Takes Various Rating Actions on U.S. Enhanced Municipal Bonds and TOBs – 2019/03/05 – US$ 149.00

Elgin, Illinois – 2019/02/25 – US$ 400.00

Advocate Aurora Health, Inc., Wisconsin – 2019/03/05 – US$ 400.00

Fitch Takes Various Rating Actions on Enhanced U.S. Municipal Bonds and TOBs – 2019/02/14 – US$ 300.00

Fitch Takes Various Rating Actions on U.S. Enhanced Municipal Bonds and TOBs – 2019/02/25 – US$ 300.00

More from Fitch Research

Fitch Research—Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.

About the Author

Cite this Report


MLA:	Fitch Research. "Silver Cross Health System, Illinois" Feb 25, 2019. Alacra Store. May 15, 2025. <http://www.alacrastore.com/fitch-credit-research/Silver-Cross-Health-System-Illinois-944366_report_frame>

APA:	Fitch Research. (). Silver Cross Health System, Illinois Feb 25, 2019. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/fitch-credit-research/Silver-Cross-Health-System-Illinois-944366_report_frame>

US$ 550.00

$ £ €

Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

Example Report

Click to View Sample Report

More Research

Search all our Credit Research from one place.