Indiana Finance Authority   Parkview Health System Obligated Group; Joint Criteria; System - S&P Global Ratings’ Credit Research

Indiana Finance Authority Parkview Health System Obligated Group; Joint Criteria; System

Indiana Finance Authority   Parkview Health System Obligated Group; Joint Criteria; System - S&P Global Ratings’ Credit Research
Indiana Finance Authority Parkview Health System Obligated Group; Joint Criteria; System
Published Jun 12, 2017
8 pages (3217 words) — Published Jun 12, 2017
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings raised to 'AA-' from 'A+' its long-term rating and underlying rating (SPUR) on the Indiana Finance Authority's series 2001A, 2001B, 2001C, 2009A, 2009B, 2009C, 2009D, and 2012 bonds. At the same time, S&P Global Ratings raised to 'AAA' from 'AA+' the long-term component of its dual rating (AAA/A-1+) on the authority's series 2009B and 2009D bonds. Finally, S&P Global Ratings affirmed its 'AA+/A-1' rating on the authority's series 2009C bonds. All bonds were issued for Parkview Health System Obligated Group (Parkview). The 'AAA' and 'AA+' long-term rating components reflect our opinion of the likelihood that debt service will be paid over the life of the issue, and are based on the application of our joint criteria (assuming

  
Brief Excerpt:

...S&P Global Ratings raised to '##-' from 'A+' its long-term rating and underlying rating (SPUR) on the Indiana Finance Authority's series 2001A, 2001B, 2001C, 2009A, 2009B, 2009C, 2009D, and 2012 bonds. At the same time, S&P Global Ratings raised to '###' from '##+' the long-term component of its dual rating (###/A-1+) on the authority's series 2009B and 2009D bonds. Finally, S&P Global Ratings affirmed its '##+/A-1' rating on the authority's series 2009C bonds. All bonds were issued for Parkview Health System Obligated Group (Parkview). The '###' and '##+' long-term rating components reflect our opinion of the likelihood that debt service will be paid over the life of the issue, and are based on the application of our joint criteria (assuming low correlation) between the '##-' SPUR on the obligor's debt and a letter of credit (LOC). The series 2009B and 2009D LOCs are provided by Wells...

  
Report Type:

Full Report

Issuer
Sector
Global Issuers, Public Finance
Country
Region
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Indiana Finance Authority Parkview Health System Obligated Group; Joint Criteria; System" Jun 12, 2017. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Indiana-Finance-Authority-Parkview-Health-System-Obligated-Group-Joint-Criteria-System-1866589>
  
APA:
S&P Global Ratings’ Credit Research. (). Indiana Finance Authority Parkview Health System Obligated Group; Joint Criteria; System Jun 12, 2017. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Indiana-Finance-Authority-Parkview-Health-System-Obligated-Group-Joint-Criteria-System-1866589>
  
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