Mayo Clinic, MN's Series 2012B Bonds Rated 'AA' On Stable Operating Performance - S&P Global Ratings’ Credit Research

Mayo Clinic, MN's Series 2012B Bonds Rated 'AA' On Stable Operating Performance

Mayo Clinic, MN's Series 2012B Bonds Rated 'AA' On Stable Operating Performance - S&P Global Ratings’ Credit Research
Mayo Clinic, MN's Series 2012B Bonds Rated 'AA' On Stable Operating Performance
Published Aug 15, 2012
Published Aug 15, 2012
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Abstract:

NEW YORK (Standard&Poor's) Aug. 15, 2012--Standard&Poor's Ratings Services has assigned its 'AA' long-term rating to Mayo Clinic, Minn.'s $300 million series 2012B taxable revenue bonds. Standard&Poor's also affirmed its 'AA' long-term ratings and its 'AA/A-1+' and 'AA/A-1' dual ratings on various issuers' debt issued for, or guaranteed by, the Mayo Clinic. "Since we raised the long-term ratings on Mayo Clinic to 'AA' from 'AA-' in April 2011, the health care system has performed extremely well operationally, and posted excellent performance in 2011 from all its major revenue areas, including clinical services and research, as well as very strong fundraising," said Standard&Poor's credit analyst Martin Arrick. "The stable outlook reflects our expectation that

  
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MLA:
S&P Global Ratings’ Credit Research. "Mayo Clinic, MN's Series 2012B Bonds Rated 'AA' On Stable Operating Performance" Aug 15, 2012. Alacra Store. May 17, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Mayo-Clinic-MN-s-Series-2012B-Bonds-Rated-AA-On-Stable-Operating-Performance-1001619>
  
APA:
S&P Global Ratings’ Credit Research. (). Mayo Clinic, MN's Series 2012B Bonds Rated 'AA' On Stable Operating Performance Aug 15, 2012. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Mayo-Clinic-MN-s-Series-2012B-Bonds-Rated-AA-On-Stable-Operating-Performance-1001619>
  
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