Community Health Systems Inc. Outlook Revised To Positive - S&P Global Ratings’ Credit Research

Community Health Systems Inc. Outlook Revised To Positive

Community Health Systems Inc. Outlook Revised To Positive - S&P Global Ratings’ Credit Research
Community Health Systems Inc. Outlook Revised To Positive
Published Sep 22, 2005
Published Sep 22, 2005
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Abstract:

NEW YORK (Standard&Poor's) Sept. 22, 2005--Standard&Poor's Ratings Services today revised its outlook on Brentwood, Tenn.-based hospital operator Community Health Systems Inc. to positive from stable. Ratings on the company, including the 'BB-' corporate credit rating, were affirmed. "The outlook revision reflects Community's solid EBITDA growth, and the prospects that its financial profile could improve over the next two years and be sustained at a level consistent with a higher rating," said Standard&Poor's credit analyst David Peknay. This progress may begin shortly because of the potential for a conversion of $287.5 million of debt to common equity in October 2005. Given that the company's common stock share price is currently comfortably above the $33.50 per

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Health Care Facilities (35102020)
Sector
Global Issuers , Structured Finance
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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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MLA:
S&P Global Ratings’ Credit Research. "Community Health Systems Inc. Outlook Revised To Positive" Sep 22, 2005. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Community-Health-Systems-Inc-Outlook-Revised-To-Positive-464700>
  
APA:
S&P Global Ratings’ Credit Research. (). Community Health Systems Inc. Outlook Revised To Positive Sep 22, 2005. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Community-Health-Systems-Inc-Outlook-Revised-To-Positive-464700>
  
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