Bon Secours Mercy Health, MD Series 2025A And 2025B Bonds Assigned 'A+' Rating; Outlook Is Stable - S&P Global Ratings’ Credit Research

Bon Secours Mercy Health, MD Series 2025A And 2025B Bonds Assigned 'A+' Rating; Outlook Is Stable

Bon Secours Mercy Health, MD Series 2025A And 2025B Bonds Assigned 'A+' Rating; Outlook Is Stable - S&P Global Ratings’ Credit Research
Bon Secours Mercy Health, MD Series 2025A And 2025B Bonds Assigned 'A+' Rating; Outlook Is Stable
Published Mar 25, 2025
3 pages (1524 words) — Published Mar 25, 2025
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Abstract:

AUGUSTA (S&P Global Ratings) March 25, 2025--S&P Global Ratings assigned its 'A+' rating to Allen County, Ohio's $377 million series 2025A and $118 million series 2025B bonds, issued for Bon Secours Mercy Health (BSMH), Md. S&P Global Ratings also assigned its 'A+' rating to the Jobs Economic Development Authority, S.C.'s $66 million series 2025A and $64 million 2025B bonds, also issued for BSMH. In addition, S&P Global Ratings assigned its 'A+' rating to Henrico County, Va.'s $262 million series 2025A bonds, issued for BSMH. We affirmed our 'A+' long-term rating and underlying (SPUR) ratings on bonds issued by various authorities for BSMH as well as BSMH's taxable bonds. We also affirmed our 'AA/A-1' rating on Allen County, Ohio's series 2012B

  
Brief Excerpt:

...March 25, 2025 AUGUSTA (S&P Global Ratings) March 25, 2025--S&P Global Ratings assigned its 'A+' rating to Allen County, Ohio's $377 million series 2025A and $118 million series 2025B bonds, issued for Bon Secours Mercy Health (BSMH), Md. S&P Global Ratings also assigned its 'A+' rating to the Jobs Economic Development Authority, S.C.'s $66 million series 2025A and $64 million 2025B bonds, also issued for BSMH. In addition, S&P Global Ratings assigned its 'A+' rating to Henrico County, Va.'s $262 million series 2025A bonds, issued for BSMH. We affirmed our 'A+' long-term rating and underlying (SPUR) ratings on bonds issued by various authorities for BSMH as well as BSMH's taxable bonds. We also affirmed our '##/A-1' rating on Allen County, Ohio's series 2012B bonds, issued for BSMH, whereby the long-term component of the rating is based on BSMH and the letter of credit (LOC) provider (T.D. Bank, N.A., expiring July 23, 2027) and the short-term rating is based solely on the short-term rating...

  
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MLA:
S&P Global Ratings’ Credit Research. "Bon Secours Mercy Health, MD Series 2025A And 2025B Bonds Assigned 'A+' Rating; Outlook Is Stable" Mar 25, 2025. Alacra Store. Nov 08, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Bon-Secours-Mercy-Health-MD-Series-2025A-And-2025B-Bonds-Assigned-A-Rating-Outlook-Is-Stable-3361697>
  
APA:
S&P Global Ratings’ Credit Research. (). Bon Secours Mercy Health, MD Series 2025A And 2025B Bonds Assigned 'A+' Rating; Outlook Is Stable Mar 25, 2025. New York, NY: Alacra Store. Retrieved Nov 08, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Bon-Secours-Mercy-Health-MD-Series-2025A-And-2025B-Bonds-Assigned-A-Rating-Outlook-Is-Stable-3361697>
  
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