Illinois Finance Authority   Ann&Robert H. Lurie Children's Hospital of Chicago; Hospital - S&P Global Ratings’ Credit Research

Illinois Finance Authority Ann&Robert H. Lurie Children's Hospital of Chicago; Hospital

Illinois Finance Authority   Ann&Robert H. Lurie Children's Hospital of Chicago; Hospital - S&P Global Ratings’ Credit Research
Illinois Finance Authority Ann&Robert H. Lurie Children's Hospital of Chicago; Hospital
Published Nov 02, 2021
10 pages (4329 words) — Published Nov 02, 2021
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings affirmed its 'AA-' long-term rating on the Illinois Finance Authority's outstanding revenue bonds issued for the Ann&Robert H. Lurie Children's Hospital of Chicago (Lurie Children's). Children's Hospital of Chicago Medical Center is the parent organization for the system, and we refer to the combined system in this report as Lurie Children's. The outlook is stable. The rating reflects our view of Lurie Children's growing market share and strong brand in its competitive Chicago-area market. The rating also incorporates our view of Lurie Children's balance sheet, with a relatively light and conservative debt load and growing unrestricted reserves, and with limited capital needs over the outlook period. This has offered Lurie Children's some cushion as it

  
Brief Excerpt:

...S&P Global Ratings affirmed its '##-' long-term rating on the Illinois Finance Authority's outstanding revenue bonds issued for the Ann & Robert H. Lurie Children's Hospital of Chicago (Lurie Children's). Children's Hospital of Chicago Medical Center is the parent organization for the system, and we refer to the combined system in this report as Lurie Children's. The outlook is stable....

  
Report Type:

Full Report

Issuer
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
Format:
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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. "Illinois Finance Authority Ann&Robert H. Lurie Children's Hospital of Chicago; Hospital" Nov 02, 2021. Alacra Store. May 03, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Illinois-Finance-Authority-Ann-Robert-H-Lurie-Children-s-Hospital-of-Chicago-Hospital-2748811>
  
APA:
S&P Global Ratings’ Credit Research. (). Illinois Finance Authority Ann&Robert H. Lurie Children's Hospital of Chicago; Hospital Nov 02, 2021. New York, NY: Alacra Store. Retrieved May 03, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Illinois-Finance-Authority-Ann-Robert-H-Lurie-Children-s-Hospital-of-Chicago-Hospital-2748811>
  
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