...CHICAGO (S&P Global Ratings) March 14, 2019--S&P Global Ratings raised its long-term ratings on 19 obligations issued by the Indianapolis Local Public Improvement Bond Bank on behalf of the city of Indianapolis, two notches to '##-' from 'A'. At the same time, S&P Global Ratings raised its long-term ratings on certain bonds issued by the bond bank on behalf of the Health & Hospital Corp. (HHC) of Marion County, one notch to '##+' from '##'. The outlook on all ratings is stable. "The upgrades are based on the application of our "Issue Credit Ratings Linked To U.S. Public Finance Obligors' Creditworthiness," criteria, published Jan. 22, 2018", said S&P Global Ratings credit analyst Anna Uboytseva. The rating on the HHC bonds also reflects our determination that the hospital corporation debt would not be rated under our revised "U.S. And Canadian Not-For-Profit Acute Care Health Care Organizations" criteria, published March 19, 2018. The stable outlook on the moral obligation and HHC bonds...
