Intermountain Health Care, CO 2024A-B Bonds Rated 'AA+'; Outlook Stable - S&P Global Ratings’ Credit Research

Intermountain Health Care, CO 2024A-B Bonds Rated 'AA+'; Outlook Stable

Intermountain Health Care, CO 2024A-B Bonds Rated 'AA+'; Outlook Stable - S&P Global Ratings’ Credit Research
Intermountain Health Care, CO 2024A-B Bonds Rated 'AA+'; Outlook Stable
Published May 23, 2024
3 pages (1397 words) — Published May 23, 2024
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Abstract:

AUGUSTA (S&P Global Ratings) May 23, 2024--S&P Global Ratings assigned its 'AA+' long-term rating to Colorado Health Facilities Authority's (Authority) $570 million series 2024A revenue bonds (fixed rate) and $129 million series 2024B revenue bonds (fixed rate initially purchased by Barclays Capital, Inc.) issued for Intermountain Health Care (Intermountain; doing business as Intermountain Health). We also assigned our 'AA+/A-1+' rating to the authority's $125 million series 2024C and $100 million series 2024D revenue bonds (variable rate demand bonds) issued for Intermountain where both the long- and short-term ratings are based on Intermountain and Intermountain's self-liquidity, respectively. Additionally, we assigned our 'AA+/A-1+' rating to the authority's $100 million series 2024E revenue bonds (variable rate demand revenue bonds) issued for Intermountain whereby

  
Brief Excerpt:

...May 23, 2024 AUGUSTA (S&P Global Ratings) May 23, 2024--S&P Global Ratings assigned its '##+' long-term rating to Colorado Health Facilities Authority's (Authority) $570 million series 2024A revenue bonds (fixed rate) and $129 million series 2024B revenue bonds (fixed rate initially purchased by Barclays Capital, Inc.) issued for Intermountain Health Care (Intermountain; doing business as Intermountain Health). We also assigned our '##+/A-1+' rating to the authority's $125 million series 2024C and $100 million series 2024D revenue bonds (variable rate demand bonds) issued for Intermountain where both the long- and short-term ratings are based on Intermountain and Intermountain's self-liquidity, respectively. Additionally, we assigned our '##+/A-1+' rating to the authority's $100 million series 2024E revenue bonds (variable rate demand revenue bonds) issued for Intermountain whereby the long-term rating is based on Intermountain, and the short-term rating reflects a standby bond purchase...

  
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Intermountain Health Care, CO 2024A-B Bonds Rated 'AA+'; Outlook Stable" May 23, 2024. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Intermountain-Health-Care-CO-2024A-B-Bonds-Rated-AA-Outlook-Stable-3180166>
  
APA:
S&P Global Ratings’ Credit Research. (). Intermountain Health Care, CO 2024A-B Bonds Rated 'AA+'; Outlook Stable May 23, 2024. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Intermountain-Health-Care-CO-2024A-B-Bonds-Rated-AA-Outlook-Stable-3180166>
  
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