Mayo Clinic, Minnesota; System - S&P Global Ratings’ Credit Research

Mayo Clinic, Minnesota; System

Mayo Clinic, Minnesota; System - S&P Global Ratings’ Credit Research
Mayo Clinic, Minnesota; System
Published Aug 16, 2012
5202 words — Published Aug 16, 2012
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Abstract:

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. The 'A-1+' and 'A-1' short-term components of these ratings reflect the short-term ratings on the various standby bond purchase agreement (SBPA) providers, as well as Mayo Clinic's own self-liquidity. The rating outlook on the Mayo Clinic is stable. Since we raised Mayo Clinic's long term ratings to 'AA' from 'AA-' in April 2011, Mayo Clinic has performed extremely well operationally, with excellent performance in 2011 from all of its major

  
Brief Excerpt:

RESEARCH Mayo Clinic, Minnesota; System Publication date: 16-Aug-2012 Primary Credit Analyst: Martin D Arrick, New York (1) 212-438-7963; martin_arrick@standardandpoors.com Secondary Contact: Stephen Infranco, New York (1) 212-438-2025;...

  
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Full Report

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Public Finance
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Mayo Clinic, Minnesota; System" Aug 16, 2012. Alacra Store. May 16, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Mayo-Clinic-Minnesota-System-1001763>
  
APA:
S&P Global Ratings’ Credit Research. (). Mayo Clinic, Minnesota; System Aug 16, 2012. New York, NY: Alacra Store. Retrieved May 16, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Mayo-Clinic-Minnesota-System-1001763>
  
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