Michigan Finance Authority   Trinity Health; CP; System - S&P Global Ratings’ Credit Research

Michigan Finance Authority Trinity Health; CP; System

Michigan Finance Authority   Trinity Health; CP; System - S&P Global Ratings’ Credit Research
Michigan Finance Authority Trinity Health; CP; System
Published Sep 27, 2010
3127 words — Published Sep 27, 2010
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Abstract:

Standard&Poor's Ratings Services assigned its 'AA' long-term rating to the Michigan Finance Authority's $143.0 million series 2010A, the Indiana Finance Authority's $67.0 million series 2010B, Franklin County, Ohio's $26.0 million series 2010C, the Idaho Health Facilities Authority's $29.0 million series 2010D, and the Hospital Facility Authority of the City of Ontario, Ore.'s $21.0 million series 2010E fixed-rate bonds, all issued for Trinity Health Credit Group (Trinity Health), headquartered in Novi, Mich. Trinity Health will also be placing approximately $57 million in a 2010F series unrated private placement. Bond proceeds will be used to fund new projects, refund about $160 million of currently callable bonds, and reimburse Trinity Health for some prior capital expenditures. At the same time, Standard

  
Brief Excerpt:

RESEARCH Michigan Finance Authority Trinity Health; CP; System Publication date: 27-Sep-2010 Primary Credit Analyst: Kevin Holloran, Dallas (1) 214-871-1412; kevin_holloran@standardandpoors.com Secondary Credit Analyst: Martin D Arrick,...

  
Report Type:

Full Report

Ticker
27822Z
Issuer
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
Format:
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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. "Michigan Finance Authority Trinity Health; CP; System" Sep 27, 2010. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Michigan-Finance-Authority-Trinity-Health-CP-System-822445>
  
APA:
S&P Global Ratings’ Credit Research. (). Michigan Finance Authority Trinity Health; CP; System Sep 27, 2010. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Michigan-Finance-Authority-Trinity-Health-CP-System-822445>
  
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