George K. Baum&Co. Series 2019-XG0223 Receipts Ratings Placed On CreditWatch Negative

NEW YORK (S&P Global Ratings) April 24, 2024--S&P Global Ratings placed the long-term components of its 'AA/A-1', 'AA', and 'AA' ratings on George K. Baum&Co. series 2019-XG0223 tender-option bond trust floater, residual and custodial receipts, related to Dubois Hospital Authority series 2018 hospital revenue bonds, on CreditWatch with negative implications. This rating action follows S&P Global Ratings' placement of its ratings on the underlying bonds on CreditWatch with negative implications. (For further information, see the article "Penn Highlands Healthcare, PA Hospital Revenue Bond Ratings Placed On CreditWatch Negative On Weak Reserves, Operations," published on April 15, 2024, on RatingsDirect.) The long-term rating on the custody receipts jointly reflects, assuming low correlation, the ratings on the underlying securities and

...April 24, 2024 NEW YORK (S&P Global Ratings) April 24, 2024--S&P Global Ratings placed the long-term components of its '##/A-1', '##', and '##' ratings on George K. Baum & Co. series 2019-XG0223 tender-option bond trust floater, residual and custodial receipts, related to Dubois Hospital Authority series 2018 hospital revenue bonds, on CreditWatch with negative implications. This rating action follows S&P Global Ratings' placement of its ratings on the underlying bonds on CreditWatch with negative implications. (For further information, see the article "Penn Highlands Healthcare, PA Hospital Revenue Bond Ratings Placed On CreditWatch Negative On Weak Reserves, Operations," published on April 15, 2024, on RatingsDirect.) The long-term rating on the custody receipts jointly reflects, assuming low correlation, the ratings on the underlying securities and the credit-enhancement provider. The long-term component of the ratings on the floaters and the rating on the residuals reflects the rating...

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