Research Update: Loma Linda University Medical Center, CA Revenue Bond Rating Raised To'BBB-'On Operating Performance - S&P Global Ratings’ Credit Research

Research Update: Loma Linda University Medical Center, CA Revenue Bond Rating Raised To'BBB-'On Operating Performance

Research Update: Loma Linda University Medical Center, CA Revenue Bond Rating Raised To'BBB-'On Operating Performance - S&P Global Ratings’ Credit Research
Research Update: Loma Linda University Medical Center, CA Revenue Bond Rating Raised To'BBB-'On Operating Performance
Published Nov 02, 2026
Published Nov 02, 2026
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings raised its long-term rating to'BBB-'from'BB+'on the California Statewide Communities Development Authority's series 2018, 2016A, 2014A fixed-rate revenue bonds issued for the Loma Linda University Medical Center (LLUMC) obligated group. The outlook is positive. The rating action reflects our view of LLUMC’s sustained positive operating performance with debt service coverage above 2x that we expect will remain sound despite H.R. 1 initiatives and given a track record of year-over-year performance improvement results, stabilizing unrestricted reserves, slowly improving debt metrics that we expect will also continue to trend favorably given lack of net additional debt/leases. The obligated group's gross receivables and a deed of trust secure the bonds. The deed of trust consists of

  
Report Type:

Research Update

Issuer
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
Format:
PDF Adobe Acrobat
Buy Now

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.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: Loma Linda University Medical Center, CA Revenue Bond Rating Raised To'BBB-'On Operating Performance" Nov 02, 2026. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Loma-Linda-University-Medical-Center-CA-Revenue-Bond-Rating-Raised-To-BBB-On-Operating-Performance-3653398>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Loma Linda University Medical Center, CA Revenue Bond Rating Raised To'BBB-'On Operating Performance Nov 02, 2026. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Loma-Linda-University-Medical-Center-CA-Revenue-Bond-Rating-Raised-To-BBB-On-Operating-Performance-3653398>
  
US$ 225.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Residential Mortgage-Backed Securities from one place.