Franciscan Missionaries of Our Lady Health System, LA's Bonds Rated 'A+'; Outlook Stable - S&P Global Ratings’ Credit Research

Franciscan Missionaries of Our Lady Health System, LA's Bonds Rated 'A+'; Outlook Stable

Franciscan Missionaries of Our Lady Health System, LA's Bonds Rated 'A+'; Outlook Stable - S&P Global Ratings’ Credit Research
Franciscan Missionaries of Our Lady Health System, LA's Bonds Rated 'A+'; Outlook Stable
Published Sep 19, 2005
Published Sep 19, 2005
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (Standard&Poor's) Sept. 19, 2005--Standard&Poor's Ratings Services said it assigned its 'A+' standard long-term rating to Louisiana Public Facilities Authority's $79 million series 2005A fixed-rate bonds, $50 million series 2005B auction-rate securities, $50 million series 2005C auction-rate securities, and $89.9 million series 2005D advanced refunding bonds, issued for Franciscan Missionaries of Our Lady Health System Inc. (FMOLHS), a four-hospital system in Louisiana. In addition, Standard&Poor's affirmed its 'A+' underlying rating (SPUR) on FMOLHS' $273.5 million outstanding bonds. The outlook is stable. The series 2005D bonds will be insured by MBIA, at which time the standard long-term rating will be converted to a SPUR. FMOLHS' year-to-date results through May 31, 2005, are impressive and

  
Report Type:

Ratings Action

Issuer
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
Format:
PDF Adobe Acrobat
Buy Now

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.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Franciscan Missionaries of Our Lady Health System, LA's Bonds Rated 'A+'; Outlook Stable" Sep 19, 2005. Alacra Store. May 09, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Franciscan-Missionaries-of-Our-Lady-Health-System-LA-s-Bonds-Rated-A-Outlook-Stable-463828>
  
APA:
S&P Global Ratings’ Credit Research. (). Franciscan Missionaries of Our Lady Health System, LA's Bonds Rated 'A+'; Outlook Stable Sep 19, 2005. New York, NY: Alacra Store. Retrieved May 09, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Franciscan-Missionaries-of-Our-Lady-Health-System-LA-s-Bonds-Rated-A-Outlook-Stable-463828>
  
US$ 150.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Residential Mortgage-Backed Securities from one place.