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

S&P Global Ratings assigned its 'AA-' long-term rating to the Indiana Finance Authority's $74.425 million series 2018A, $32.965 million series 2018B, $32.71 million series 2018C, and $21.93 million series 2019A bonds. At the same time, S&P Global Ratings affirmed its long-term rating and underlying rating (SPUR) on the authority's series 2001A, 2001B, 2001C, 2009A, 2009B, 2009C, 2009D, 2012, and 2017A bonds. Finally, S&P Global Ratings affirmed the 'AA+' long-term component of its dual rating (AA+/A-1) on the authority's series 2009B, 2009C, and 2009D bonds. All bonds were issued for Parkview Health System Obligated Group (Parkview). The '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

...S&P Global Ratings assigned its '##-' long-term rating to the Indiana Finance Authority's $74.425 million series 2018A, $32.965 million series 2018B, $32.71 million series 2018C, and $21.93 million series 2019A bonds. At the same time, S&P Global Ratings affirmed its long-term rating and underlying rating (SPUR) on the authority's series 2001A, 2001B, 2001C, 2009A, 2009B, 2009C, 2009D, 2012, and 2017A bonds. Finally, S&P Global Ratings affirmed the '##+' long-term component of its dual rating (##+/A-1) on the authority's series 2009B, 2009C, and 2009D bonds. All bonds were issued for Parkview Health System Obligated Group (Parkview). The '##+' 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 Fargo Bank N.A....

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