California Health Facilities Financing Authority Series 2012A, 2014B 'AA-/A-1', 'AA-', 'AA-' Ratings Affirmed - S&P Global Ratings’ Credit Research

California Health Facilities Financing Authority Series 2012A, 2014B 'AA-/A-1', 'AA-', 'AA-' Ratings Affirmed

California Health Facilities Financing Authority Series 2012A, 2014B 'AA-/A-1', 'AA-', 'AA-' Ratings Affirmed - S&P Global Ratings’ Credit Research
California Health Facilities Financing Authority Series 2012A, 2014B 'AA-/A-1', 'AA-', 'AA-' Ratings Affirmed
Published Nov 24, 2021
3 pages (1544 words) — Published Nov 24, 2021
Price US$ 150.00  |  Buy this Report Now

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Abstract:

NEW YORK (S&P Global Ratings) Nov. 24, 2021--S&P Global Ratings affirmed its ratings on DB SPEARs/LIFERs Trust, N.Y.'s series DBE-8011 tender option bond trust puttable floating-rate receipts (floaters), inverse floating-rate receipts (residuals) and custodial receipts, related to the California Health Facilities Financing Authority's hospital revenue refunding bonds (Dignity Health) series 2012A and 2014B revenue bonds, at 'AA-/A-1', 'AA-', and 'AA-'. "This rating action follows our raising of the ratings on the underlying bonds," said S&P Global Ratings credit analyst James Ho. (For further information, please see the article, titled "CommonSpirit Health, IL Debt Rating Raised To 'A-' On Financial Performance," published Nov. 12, 2021, on RatingsDirect) The long-term rating on the custody receipts jointly reflects, assuming a low level of

  
Brief Excerpt:

...November 24, 2021 NEW YORK (S&P Global Ratings) Nov. 24, 2021--S&P Global Ratings affirmed its ratings on DB SPEARs/LIFERs Trust, N.Y.'s series DBE-8011 tender option bond trust puttable floating-rate receipts (floaters), inverse floating-rate receipts (residuals) and custodial receipts, related to the California Health Facilities Financing Authority's hospital revenue refunding bonds (Dignity Health) series 2012A and 2014B revenue bonds, at '##-/A-1', '##-', and '##-'....

  
Report Type:

Ratings Action

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Global Issuers, Public Finance
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "California Health Facilities Financing Authority Series 2012A, 2014B 'AA-/A-1', 'AA-', 'AA-' Ratings Affirmed" Nov 24, 2021. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/California-Health-Facilities-Financing-Authority-Series-2012A-2014B-AA-A-1-AA-AA-Ratings-Affirmed-2761541>
  
APA:
S&P Global Ratings’ Credit Research. (). California Health Facilities Financing Authority Series 2012A, 2014B 'AA-/A-1', 'AA-', 'AA-' Ratings Affirmed Nov 24, 2021. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/California-Health-Facilities-Financing-Authority-Series-2012A-2014B-AA-A-1-AA-AA-Ratings-Affirmed-2761541>
  
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