Chester County Health&Education Facility Authority, Pennsylvania   Main Line Health System; System - S&P Global Ratings’ Credit Research

Chester County Health&Education Facility Authority, Pennsylvania Main Line Health System; System

Chester County Health&Education Facility Authority, Pennsylvania   Main Line Health System; System - S&P Global Ratings’ Credit Research
Chester County Health&Education Facility Authority, Pennsylvania Main Line Health System; System
Published Dec 19, 2024
8 pages (3308 words) — Published Dec 19, 2024
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings revised its outlook to stable from negative and affirmed its 'AA-' long-term rating on Chester County Health&Education Facility Authority, Pa.'s series 2017A, 2020A, 2020B, and 2020C debt issued for Main Line Health System (MLH). MLH is the parent company of Main Line Health. The outlook revision reflects our view of MLH's significant improvement in operating performance in fiscal 2024 along with our expectation for further improvement over the outlook period to strengthen debt service coverage and stabilize balance sheet metrics. Gross revenue from the obligated group, which consists of MLH, Main Line Health Inc., Main Line Hospitals Inc., Riddle Memorial Hospital, and Mirmont Treatment Center, secures the bonds. The 'AA-' rating reflects our view of

  
Brief Excerpt:

...+ S&P Global Ratings revised its outlook to stable from negative and affirmed its '##-' long-term rating on Chester County Health & Education Facility Authority, Pa.'s series 2017A, 2020A, 2020B, and 2020C debt issued for Main Line Health System (MLH). + MLH is the parent company of Main Line Health. + The outlook revision reflects our view of MLH's significant improvement in operating performance in fiscal 2024 along with our expectation for further improvement over the outlook period to strengthen debt service coverage and stabilize balance sheet metrics....

  
Report Type:

Full Report

Issuer
Sector
Global Issuers, Public Finance
Country
Region
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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.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Chester County Health&Education Facility Authority, Pennsylvania Main Line Health System; System" Dec 19, 2024. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Chester-County-Health-Education-Facility-Authority-Pennsylvania-Main-Line-Health-System-System-3302494>
  
APA:
S&P Global Ratings’ Credit Research. (). Chester County Health&Education Facility Authority, Pennsylvania Main Line Health System; System Dec 19, 2024. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Chester-County-Health-Education-Facility-Authority-Pennsylvania-Main-Line-Health-System-System-3302494>
  
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