Ascension Health Alliance, MO Debt Outlook Revised To Negative On Sizable Operating Loss - S&P Global Ratings’ Credit Research

Ascension Health Alliance, MO Debt Outlook Revised To Negative On Sizable Operating Loss

Ascension Health Alliance, MO Debt Outlook Revised To Negative On Sizable Operating Loss - S&P Global Ratings’ Credit Research
Ascension Health Alliance, MO Debt Outlook Revised To Negative On Sizable Operating Loss
Published Oct 10, 2022
3 pages (1983 words) — Published Oct 10, 2022
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (S&P Global Ratings) Oct. 10, 2022--S&P Global Ratings revised its outlook to negative from stable and affirmed its 'AA+' long-term rating and underlying rating (SPUR) on all senior revenue bonds issued by various issuers for Ascension Health Alliance (Ascension), Mo. At the same time, S&P Global Ratings revised its outlook to negative from stable and affirmed its 'AA' long-term rating on Ascension's series 2005A subordinated revenue bonds. S&P Global Ratings also affirmed its 'AA+/A-1+' and 'AA/A-1+'dual ratings (by various issuers and various modes) on Ascension's senior and subordinated revenue bonds, respectively. The 'AA+' and 'AA' long-term component of our dual ratings is based on our view of Ascension's senior and subordinated credit quality, while the 'A-1+' short-term component

  
Brief Excerpt:

...October 10, 2022 NEW YORK (S&P Global Ratings) Oct. 10, 2022--S&P Global Ratings revised its outlook to negative from stable and affirmed its '##+' long-term rating and underlying rating (SPUR) on all senior revenue bonds issued by various issuers for Ascension Health Alliance (Ascension), Mo. At the same time, S&P Global Ratings revised its outlook to negative from stable and affirmed its '##' long-term rating on Ascension's series 2005A subordinated revenue bonds. S&P Global Ratings also affirmed its '##+/A-1+' and '##/A-1+'dual ratings (by various issuers and various modes) on Ascension's senior and subordinated revenue bonds, respectively. The '##+' and '##' long-term component of our dual ratings is based on our view of Ascension's senior and subordinated credit quality, while the 'A-1+' short-term component is based on our view of Ascension's self-liquidity. "The outlook revision to negative reflects Ascension's multiyear trend of operating volatility, coupled with a sizable $1.35...

  
Report Type:

Ratings Action

Issuer
Ascension Health Alliance
Sector
Public Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
Buy Now

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings 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.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Ascension Health Alliance, MO Debt Outlook Revised To Negative On Sizable Operating Loss" Oct 10, 2022. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Ascension-Health-Alliance-MO-Debt-Outlook-Revised-To-Negative-On-Sizable-Operating-Loss-2901320>
  
APA:
S&P Global Ratings’ Credit Research. (). Ascension Health Alliance, MO Debt Outlook Revised To Negative On Sizable Operating Loss Oct 10, 2022. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Ascension-Health-Alliance-MO-Debt-Outlook-Revised-To-Negative-On-Sizable-Operating-Loss-2901320>
  
US$ 150.00
$  £  €
Have a Question?

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

More Research

Search all our Credit Research from one place.