Maryland Health&Higher Educational Facilities Authority   University Of Maryland Medical System; Joint Criteria; System - S&P Global Ratings’ Credit Research

Maryland Health&Higher Educational Facilities Authority University Of Maryland Medical System; Joint Criteria; System

Maryland Health&Higher Educational Facilities Authority   University Of Maryland Medical System; Joint Criteria; System - S&P Global Ratings’ Credit Research
Maryland Health&Higher Educational Facilities Authority University Of Maryland Medical System; Joint Criteria; System
Published Dec 09, 2011
Published Dec 09, 2011
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Abstract:

Standard&Poor's Ratings Services has raised the short-term rating component on Maryland Health&Higher Educational Facilities Authority's series 2008A variable-rate bonds issued for University of Maryland Medical System (UMMS) to 'AAA/A-1' from 'AAA/A-2'. The rating reflects the application of Standard&Poor's low-correlation joint criteria. We based the long-term rating component jointly on a Citizens Bank of Pennsylvania-supported letter of credit (LOC) and our 'A' underlying rating (SPUR) on UMMS. We based the short-term rating component solely on the bank. We revised the short-term rating component based on the rating revision of the LOC provider Citizens Bank to 'A/A-1' from 'A-/A-2' (see "Citizens Financial Group's Bank Subsidiaries Ratings Raised To 'A/A-1'; Outlook Is Stable," published Nov. 30, 2011,

  
Report Type:

Full Report

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Sector
Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Maryland Health&Higher Educational Facilities Authority University Of Maryland Medical System; Joint Criteria; System" Dec 09, 2011. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Maryland-Health-Higher-Educational-Facilities-Authority-University-Of-Maryland-Medical-System-Joint-Criteria-System-920821>
  
APA:
S&P Global Ratings’ Credit Research. (). Maryland Health&Higher Educational Facilities Authority University Of Maryland Medical System; Joint Criteria; System Dec 09, 2011. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Maryland-Health-Higher-Educational-Facilities-Authority-University-Of-Maryland-Medical-System-Joint-Criteria-System-920821>
  
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