S&P Global Ratings assigned its 'AA-' long-term rating to New Jersey Health Care Facilities Financing Authority's $226 million series 2016 bonds issued for AHS Hospital Corp., N.J. At the same time, we affirmed our long-term rating and underlying rating (SPUR) on AHS Hospital Corp.'s series 2015 taxable revenue bonds and various series of the authority's revenue debt, issued for AHS. The outlooks are stable. Proceeds of the series 2016 bonds are expected to refinance all or a portion of AHS' series 2008A and 2011 bonds. The affirmation reflects our opinion of the continued growth and diversity at AHS, which acquired the Chilton and Hackettstown medical centers on Jan. 1, 2014, and April 1, 2016, respectively, as well as its leading
