Ann&Robert H. Lurie Children's Hospital of Chicago Bond Rating Raised To 'A' On Improved Financial Profile, Lower Debt - S&P Global Ratings’ Credit Research

Ann&Robert H. Lurie Children's Hospital of Chicago Bond Rating Raised To 'A' On Improved Financial Profile, Lower Debt

Ann&Robert H. Lurie Children's Hospital of Chicago Bond Rating Raised To 'A' On Improved Financial Profile, Lower Debt - S&P Global Ratings’ Credit Research
Ann&Robert H. Lurie Children's Hospital of Chicago Bond Rating Raised To 'A' On Improved Financial Profile, Lower Debt
Published Feb 07, 2014
Published Feb 07, 2014
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Abstract:

CHICAGO (Standard&Poor's) Feb. 7, 2014--Standard&Poor's Ratings Services raised its long-term rating and underlying rating (SPUR) to 'A' from 'A-' on the Illinois Finance Authority's series 2008A and 2008B fixed-rate bonds issued for Ann&Robert H. Lurie Children's Hospital of Chicago (Lurie Children's, formerly Children's Memorial Hospital). Standard&Poor's also withdrew its ratings on the series 2008C and 2008D variable-rate demand bonds, as the bonds were fully redeemed on Jan. 29, 2014. Children's Hospital of Chicago Medical Center (CHCMC) is the parent organization for the overall system. "The rating action reflects our view of Lurie Children's completion and successful transition to its new location in the Streeterville neighborhood, strong unrestricted reserves that we anticipate will

  
Report Type:

Ratings Action

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Global Issuers, Public Finance, Structured Finance
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MLA:
S&P Global Ratings’ Credit Research. "Ann&Robert H. Lurie Children's Hospital of Chicago Bond Rating Raised To 'A' On Improved Financial Profile, Lower Debt" Feb 07, 2014. Alacra Store. May 11, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Ann-Robert-H-Lurie-Children-s-Hospital-of-Chicago-Bond-Rating-Raised-To-A-On-Improved-Financial-Profile-Lower-Debt-1256635>
  
APA:
S&P Global Ratings’ Credit Research. (). Ann&Robert H. Lurie Children's Hospital of Chicago Bond Rating Raised To 'A' On Improved Financial Profile, Lower Debt Feb 07, 2014. New York, NY: Alacra Store. Retrieved May 11, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Ann-Robert-H-Lurie-Children-s-Hospital-of-Chicago-Bond-Rating-Raised-To-A-On-Improved-Financial-Profile-Lower-Debt-1256635>
  
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