Mayo Clinic, MN Bonds Rated 'AA' On Strong Business Position And Financial Performance - S&P Global Ratings’ Credit Research

Mayo Clinic, MN Bonds Rated 'AA' On Strong Business Position And Financial Performance

Mayo Clinic, MN Bonds Rated 'AA' On Strong Business Position And Financial Performance - S&P Global Ratings’ Credit Research
Mayo Clinic, MN Bonds Rated 'AA' On Strong Business Position And Financial Performance
Published Apr 06, 2006
Published Apr 06, 2006
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Abstract:

NEW YORK (Standard&Poor's) April 6, 2006--Standard&Poor's Ratings Services assigned its 'AA' long-term rating and stable outlook on $250 million health care facilities revenue bonds, series 2006, issued by various issuers for Mayo Clinic, Minn., reflecting Mayo's strong business position as the nation's largest multi-specialty group practice, rising system-wide patient demand, and very strong financial performance and debt service coverage. In addition, Standard&Poor's affirmed its 'AA' long-term rating on $1.22 billion in debt, its "A-1+" short-term ratings where applicable, and "AA"/A-1" rating on $90 million health care facilities revenue bonds series 2000A, all issued for Mayo, formerly known as Mayo Foundation. The 'AA' long-term rating also reflects Mayo's world-renowned reputation for excellence in patient care,

  
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Ratings Action

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Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Mayo Clinic, MN Bonds Rated 'AA' On Strong Business Position And Financial Performance" Apr 06, 2006. Alacra Store. May 18, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Mayo-Clinic-MN-Bonds-Rated-AA-On-Strong-Business-Position-And-Financial-Performance-502231>
  
APA:
S&P Global Ratings’ Credit Research. (). Mayo Clinic, MN Bonds Rated 'AA' On Strong Business Position And Financial Performance Apr 06, 2006. New York, NY: Alacra Store. Retrieved May 18, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Mayo-Clinic-MN-Bonds-Rated-AA-On-Strong-Business-Position-And-Financial-Performance-502231>
  
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