New York City Health and Hospitals Corp.'s $240.5 Million 2025 Series A Health System Bonds Rated 'A+'; Outlook Stable - S&P Global Ratings’ Credit Research

New York City Health and Hospitals Corp.'s $240.5 Million 2025 Series A Health System Bonds Rated 'A+'; Outlook Stable

New York City Health and Hospitals Corp.'s $240.5 Million 2025 Series A Health System Bonds Rated 'A+'; Outlook Stable - S&P Global Ratings’ Credit Research
New York City Health and Hospitals Corp.'s $240.5 Million 2025 Series A Health System Bonds Rated 'A+'; Outlook Stable
Published Jul 28, 2025
3 pages (1355 words) — Published Jul 28, 2025
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings assigned its 'A+' long-term rating to New York City Health and Hospitals Corp. 's (HHC) $240.5 million health system bonds, 2025 series A. At the same time, we affirmed our 'A+' long-term rating and underlying rating (SPUR) on HHC's health system bonds outstanding. In addition, we affirmed our 'AA+/A-1' joint support rating on HHC's 2008 series B and C variable-rate health system bonds, where the short-term component is based on liquidity support from TD Bank N.A. (A+/A-1) and the long-term component is based on joint support. Finally, we affirmed our 'AA+/A-1+' joint support rating on HHC's 2008 series D and E variable-rate health system bonds, where the short-term component is based on liquidity support from JP Morgan

  
Brief Excerpt:

...S&P Global Ratings assigned its 'A+' long-term rating to New York City Health and Hospitals Corp.'s (HHC) $240.5 million health system bonds, 2025 series A....

  
Report Type:

Ratings Action

Issuer
New York City
Sector
Public Finance, Structured Finance
Country
United States
Region
United States
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "New York City Health and Hospitals Corp.'s $240.5 Million 2025 Series A Health System Bonds Rated 'A+'; Outlook Stable" Jul 28, 2025. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/New-York-City-Health-and-Hospitals-Corp-s-240-5-Million-2025-Series-A-Health-System-Bonds-Rated-A-Outlook-Stable-3413683>
  
APA:
S&P Global Ratings’ Credit Research. (). New York City Health and Hospitals Corp.'s $240.5 Million 2025 Series A Health System Bonds Rated 'A+'; Outlook Stable Jul 28, 2025. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/New-York-City-Health-and-Hospitals-Corp-s-240-5-Million-2025-Series-A-Health-System-Bonds-Rated-A-Outlook-Stable-3413683>
  
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