Community Foundation of Northwest Indiana Revenue Bond Rating Outlook Revised To Positive - S&P Global Ratings’ Credit Research

Community Foundation of Northwest Indiana Revenue Bond Rating Outlook Revised To Positive

Community Foundation of Northwest Indiana Revenue Bond Rating Outlook Revised To Positive - S&P Global Ratings’ Credit Research
Community Foundation of Northwest Indiana Revenue Bond Rating Outlook Revised To Positive
Published Dec 22, 2015
3 pages (1098 words) — Published Dec 22, 2015
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Abstract:

CHICAGO (Standard&Poor's) Dec. 22, 2015--Standard&Poor's Ratings Services revised the outlook to to positive from stable affirmed its 'A' long-term rating and underlying rating (SPUR) on the Indiana Finance Authority's series 2012 bonds and its 'A' long-term rating on the Indiana Health Facilities Finance Authority's series 2007 hospital revenue bonds. All bonds were issued for Community Foundation of Northwest Indiana (CFNI). "The outlook revision reflects our view of CFNI's ability to improve on its strong operations and increase its unrestricted reserves," said Standard&Poor's credit analyst Brian Williamson. RELATED CRITERIA AND RESEARCH Related Criteria USPF Criteria: Not-For-Profit Health Care, June 14, 2007 USPF Criteria: Contingent Liquidity Risks, March 5, 2012 USPF Criteria: Assigning Issue Credit Ratings

  
Brief Excerpt:

...CHICAGO (Standard & Poor's) Dec. 22, 2015--Standard & Poor's Ratings Services revised the outlook to to positive from stable affirmed its 'A' long-term rating and underlying rating (SPUR) on the Indiana Finance Authority's series 2012 bonds and its 'A' long-term rating on the Indiana Health Facilities Finance Authority's series 2007 hospital revenue bonds. All bonds were issued for Community Foundation of Northwest Indiana (CFNI). "The outlook revision reflects our view of CFNI's ability to improve on its strong operations and increase its unrestricted reserves," said Standard & Poor's credit analyst Brian Williamson. RELATED CRITERIA AND RESEARCH Related Criteria + USPF Criteria: Not-For-Profit Health Care, June 14, 2007 + USPF Criteria: Contingent Liquidity Risks, March 5, 2012 + USPF Criteria: Assigning Issue Credit Ratings Of Operating Entities, May 20, 2015 + General Criteria: Methodology: Industry Risk, Nov. 20, 2013 + General Criteria: Group Rating Methodology, Nov. 19, 2013 + Criteria:...

  
Report Type:

Ratings Action

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Sector
Global Issuers, Public Finance
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Region
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MLA:
S&P Global Ratings’ Credit Research. "Community Foundation of Northwest Indiana Revenue Bond Rating Outlook Revised To Positive" Dec 22, 2015. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Community-Foundation-of-Northwest-Indiana-Revenue-Bond-Rating-Outlook-Revised-To-Positive-1556046>
  
APA:
S&P Global Ratings’ Credit Research. (). Community Foundation of Northwest Indiana Revenue Bond Rating Outlook Revised To Positive Dec 22, 2015. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Community-Foundation-of-Northwest-Indiana-Revenue-Bond-Rating-Outlook-Revised-To-Positive-1556046>
  
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