California Health Facilities Financing Authority (Victor Valley Hospital) Rev Bonds Rated AA- - S&P Global Ratings’ Credit Research

California Health Facilities Financing Authority (Victor Valley Hospital) Rev Bonds Rated AA-

California Health Facilities Financing Authority (Victor Valley Hospital) Rev Bonds Rated AA- - S&P Global Ratings’ Credit Research
California Health Facilities Financing Authority (Victor Valley Hospital) Rev Bonds Rated AA-
Published Apr 17, 2000
Published Apr 17, 2000
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Abstract:

SAN FRANCISCO (Standard&Poor's CreditWire) April 17, 2000--Standard&Poor's today assigned its double-'A'-minus rating to California Health Facilities Financing Authority's $8.45 million revenue refunding bonds series 2000, issued for Victor Valley Community Hospital (VVCH). The bonds are scheduled to sell May 8, 2000. The outlook is stable. The rating is based on insurance from California's Health Facilities Construction Loan Insurance Program (Cal-Mortgage). Under the Cal-Mortgage program, the bonds are guaranteed by the program's own Health Facilities Construction Loan Insurance Fund (HFCLIF), which is funded by up-front fees from new issuers, interest income on the fund, and from the annual premium charged to borrowers (0.5% of par amount). However, the ultimate backing for the program is the full faith

  
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Ratings Action

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Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "California Health Facilities Financing Authority (Victor Valley Hospital) Rev Bonds Rated AA-" Apr 17, 2000. Alacra Store. May 11, 2025. <http://www.alacrastore.com/s-and-p-credit-research/California-Health-Facilities-Financing-Authority-Victor-Valley-Hospital-Rev-Bonds-Rated-AA-148190>
  
APA:
S&P Global Ratings’ Credit Research. (). California Health Facilities Financing Authority (Victor Valley Hospital) Rev Bonds Rated AA- Apr 17, 2000. New York, NY: Alacra Store. Retrieved May 11, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/California-Health-Facilities-Financing-Authority-Victor-Valley-Hospital-Rev-Bonds-Rated-AA-148190>
  
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