HCA Inc.'s Senior Unsecured Notes Rated 'BB-' (Recovery Rating: '6') - S&P Global Ratings’ Credit Research

HCA Inc.'s Senior Unsecured Notes Rated 'BB-' (Recovery Rating: '6')

HCA Inc.'s Senior Unsecured Notes Rated 'BB-' (Recovery Rating: '6') - S&P Global Ratings’ Credit Research
HCA Inc.'s Senior Unsecured Notes Rated 'BB-' (Recovery Rating: '6')
Published Jan 17, 2019
3 pages (1260 words) — Published Jan 17, 2019
Price US$ 150.00  |  Buy this Report Now

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Abstract:

NEW YORK (S&P Global Ratings) Jan. 17, 2019--S&P Global Ratings today assigned its 'BB-' issue-level rating and '6' recovery rating to Nashville-based HCA Inc.'s proposed senior unsecured notes. The '6' recovery rating indicates our expectation of negligible (0%-10%; rounded estimate: 0%) recovery for lenders in the event of a payment default. The company is issuing the notes for general corporate purposes, which may include acquisitions. The 'BB-' issue-level rating is the same as our rating on the company's existing senior unsecured debt. Our 'BB+' issuer credit rating on the parent company HCA Healthcare Inc. continues to reflect the company's substantial scale, diversified business mix, and market presence, which favorably distinguish it from other investor-owned health care services companies. The rating

  
Brief Excerpt:

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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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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "HCA Inc.'s Senior Unsecured Notes Rated 'BB-' (Recovery Rating: '6')" Jan 17, 2019. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/HCA-Inc-s-Senior-Unsecured-Notes-Rated-BB-Recovery-Rating-6-2154376>
  
APA:
S&P Global Ratings’ Credit Research. (). HCA Inc.'s Senior Unsecured Notes Rated 'BB-' (Recovery Rating: '6') Jan 17, 2019. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/HCA-Inc-s-Senior-Unsecured-Notes-Rated-BB-Recovery-Rating-6-2154376>
  
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