Ascension Health, MO $250M Commercial Paper Notes Rated 'A-1+' - S&P Global Ratings’ Credit Research

Ascension Health, MO $250M Commercial Paper Notes Rated 'A-1+'

Ascension Health, MO $250M Commercial Paper Notes Rated 'A-1+' - S&P Global Ratings’ Credit Research
Ascension Health, MO $250M Commercial Paper Notes Rated 'A-1+'
Published Nov 02, 1999
Published Nov 02, 1999
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (Standard&Poor's CreditWire) Nov. 2, 1999--Standard&Poor's today assigned its 'A-1'-plus rating to Ascension Health, Mo.'s $250 million commercial paper notes due Sept. 30, 2002. The rating reflects a joint and several obligation, pursuant to obligation 25, of each member of the operating group. Ascension Health is rated double-'A' and its outlook is stable. Liquidity support is provided by a $250 million line of credit provided by Morgan Guaranty Trust Co. (double-'A'/'A-1'-plus), Landesbank Hessen-Thuringen Girozentrale (triple-'A'/'A-1'-plus), Bank of America NT (double-'A'-minus/'A-1'-plus), and Nationsbank N.A. (double-'A'-minus/'A-1'-plus). The proportion of the line of credit provided by each bank is 50%, 20%, 20%, and 10%, respectively. The line of credit expires on Sept. 30, 2002. Bankers Trust Co. will

  
Report Type:

Ratings Action

Issuer
Sector
Public Finance
Country
Region
Format:
HTML HTML
Buy Now

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, MO $250M Commercial Paper Notes Rated 'A-1+'" Nov 02, 1999. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Ascension-Health-MO-250M-Commercial-Paper-Notes-Rated-A-1-130055>
  
APA:
S&P Global Ratings’ Credit Research. (). Ascension Health, MO $250M Commercial Paper Notes Rated 'A-1+' Nov 02, 1999. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Ascension-Health-MO-250M-Commercial-Paper-Notes-Rated-A-1-130055>
  
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.