Fred Hutchinson Cancer Research Center, WA Debt Rating And ICR Outlook Revised To Stable From Positive - S&P Global Ratings’ Credit Research

Fred Hutchinson Cancer Research Center, WA Debt Rating And ICR Outlook Revised To Stable From Positive

Fred Hutchinson Cancer Research Center, WA Debt Rating And ICR Outlook Revised To Stable From Positive - S&P Global Ratings’ Credit Research
Fred Hutchinson Cancer Research Center, WA Debt Rating And ICR Outlook Revised To Stable From Positive
Published Aug 30, 2019
2 pages (1202 words) — Published Aug 30, 2019
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

SAN FRANCISCO (S&P Global Ratings) Aug. 30, 2019--S&P Global Ratings revised its outlook to stable from positive and affirmed its 'A+' long-term rating on Washington Health Care Facilities Authority's series 2011A, 2015, and 2017A-2017C revenue bonds, issued for Fred Hutchinson Cancer Research Center (Fred Hutch), in addition to its 'A+' issuer credit rating (ICR) on Fred Hutch. "Fred Hutch significantly bolstered its balance sheet and posted healthy operating results in fiscal 2018 with the sale of its shares in Juno Therapeutics, which support the current rating level," said S&P Global Ratings credit analyst Ying Huang. "However, the outlook revision reflects our expectation that the financial resources ratios will likely moderate over the next two years due to an increased debt

  
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. "Fred Hutchinson Cancer Research Center, WA Debt Rating And ICR Outlook Revised To Stable From Positive" Aug 30, 2019. Alacra Store. May 18, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Fred-Hutchinson-Cancer-Research-Center-WA-Debt-Rating-And-ICR-Outlook-Revised-To-Stable-From-Positive-2291873>
  
APA:
S&P Global Ratings’ Credit Research. (). Fred Hutchinson Cancer Research Center, WA Debt Rating And ICR Outlook Revised To Stable From Positive Aug 30, 2019. New York, NY: Alacra Store. Retrieved May 18, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Fred-Hutchinson-Cancer-Research-Center-WA-Debt-Rating-And-ICR-Outlook-Revised-To-Stable-From-Positive-2291873>
  
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.