Colorado Health Facilities Authority   Intermountain Health Care; System - S&P Global Ratings’ Credit Research

Colorado Health Facilities Authority Intermountain Health Care; System

Colorado Health Facilities Authority   Intermountain Health Care; System - S&P Global Ratings’ Credit Research
Colorado Health Facilities Authority Intermountain Health Care; System
Published May 23, 2024
14 pages (6471 words) — Published May 23, 2024
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings assigned its 'AA+' long-term rating to Colorado Health Facilities Authority's (Authority) $570 million series 2024A revenue bonds (fixed rate) and $129 million series 2024B revenue bonds (fixed rate initially purchased by Barclays Capital, Inc.) issued for Intermountain Health Care (Intermountain; doing business as Intermountain Health). We also assigned our 'AA+/A-1+' rating to the authority's $125 million series 2024C and $100 million series 2024D revenue bonds (variable rate demand bonds) issued for Intermountain where both the long- and short-term ratings are based on Intermountain and Intermountain's self-liquidity, respectively. Additionally, we assigned our 'AA+/A-1+' rating to the authority's $100 million series 2024E revenue bonds issued for Intermountain whereby the long-term rating is based on Intermountain, and the short-term rating

  
Brief Excerpt:

...+ S&P Global Ratings assigned its '##+' long-term rating to Colorado Health Facilities Authority's (Authority) $570 million series 2024A revenue bonds (fixed rate) and $129 million series 2024B revenue bonds (fixed rate initially purchased by Barclays Capital, Inc.) issued for Intermountain Health Care (Intermountain; doing business as Intermountain Health). + We also assigned our '##+/A-1+' rating to the authority's $125 million series 2024C and $100 million series 2024D revenue bonds (variable rate demand bonds) issued for Intermountain where both the long- and short-term ratings are based on Intermountain and Intermountain's self-liquidity, respectively. + Additionally, we assigned our '##+/A-1+' rating to the authority's $100 million series 2024E revenue bonds issued for Intermountain whereby the long-term rating is based on Intermountain, and the short-term rating reflects a standby bond purchase agreement (SBPA) from TD Bank. + At the same time, we affirmed our '##+' ratings on multiple...

  
Report Type:

Full Report

Issuer
Sector
Global Issuers, Public Finance, Structured Finance
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Colorado Health Facilities Authority Intermountain Health Care; System" May 23, 2024. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Colorado-Health-Facilities-Authority-Intermountain-Health-Care-System-3180207>
  
APA:
S&P Global Ratings’ Credit Research. (). Colorado Health Facilities Authority Intermountain Health Care; System May 23, 2024. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Colorado-Health-Facilities-Authority-Intermountain-Health-Care-System-3180207>
  
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