Community Health Systems Senior Notes Due 2020 Remain Rated 'B' (Recovery 5), After Upsizing - S&P Global Ratings’ Credit Research

Community Health Systems Senior Notes Due 2020 Remain Rated 'B' (Recovery 5), After Upsizing

Community Health Systems Senior Notes Due 2020 Remain Rated 'B' (Recovery 5), After Upsizing - S&P Global Ratings’ Credit Research
Community Health Systems Senior Notes Due 2020 Remain Rated 'B' (Recovery 5), After Upsizing
Published Jul 10, 2012
1019 words — Published Jul 10, 2012
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Abstract:

NEW YORK (Standard&Poor's) July 10, 2012--Standard&Poor's Ratings Services said today that Community Health Systems Inc. senior note transaction, priced July 9, 2012, is $200 million higher than considered in our analysis. Specifically, the $1.2 billion senior note issue (due 2020) is $200 million higher than the amount we considered. The additional amount does not have any impact on our corporate credit and issue-level ratings, and our recovery rating of '5' is unchanged. The B+/Stable/-- rating on Community Health Systems Inc. reflects our assessment of its business risk profile as "fair" because of its large, relatively diversified portfolio of hospitals that helps the company manage uncertain reimbursement, and spread local market risk over many markets. We continue

  
Brief Excerpt:

RESEARCH Community Health Systems Senior Notes Due 2020 Remain Rated 'B' (Recovery 5), After Upsizing Publication date: 10-Jul-2012 Primary Credit Analyst: David P Peknay, New York (1) 212-438-7852; david_peknay@standardandpoors.com...

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Health Care Facilities (35102020)
Sector
Global Issuers , Structured Finance
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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 Senior Notes Due 2020 Remain Rated 'B' (Recovery 5), After Upsizing" Jul 10, 2012. Alacra Store. May 05, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Community-Health-Systems-Senior-Notes-Due-2020-Remain-Rated-B-Recovery-5-After-Upsizing-986425>
  
APA:
S&P Global Ratings’ Credit Research. (). Community Health Systems Senior Notes Due 2020 Remain Rated 'B' (Recovery 5), After Upsizing Jul 10, 2012. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Community-Health-Systems-Senior-Notes-Due-2020-Remain-Rated-B-Recovery-5-After-Upsizing-986425>
  
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