Research Update: Loma Linda University Medical Center, CA Revenue Bonds Upgraded To 'BB+' On Stronger Financial Profile; Outlook Positive - S&P Global Ratings’ Credit Research

Research Update: Loma Linda University Medical Center, CA Revenue Bonds Upgraded To 'BB+' On Stronger Financial Profile; Outlook Positive

Research Update: Loma Linda University Medical Center, CA Revenue Bonds Upgraded To 'BB+' On Stronger Financial Profile; Outlook Positive - S&P Global Ratings’ Credit Research
Research Update: Loma Linda University Medical Center, CA Revenue Bonds Upgraded To 'BB+' On Stronger Financial Profile; Outlook Positive
Published Nov 20, 2025
10 pages (4864 words) — Published Nov 20, 2025
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings raised its long-term rating to 'BB+' from 'BB' on the California Statewide Communities Development Authority 's series 2018, 2016A, 2014A, and 2014B fixed-rate revenue bonds issued for the Loma Linda University Medical Center (LLUMC) obligated group. The upgrade reflects our view of LLUMC?s strengthened financial profile, driven by the organization?s sustained positive operating performance, stabilizing unrestricted reserves, slowly improving debt metrics, and no net additional debt plans. The outlook is positive, reflecting our expectation that results will remain solidly positive over the two-year horizon. The obligated group's gross receivables, a mortgage, and a deed of trust secure the bonds. The deed of trust consists of LLUMC, Loma Linda University Children's Hospital, LLUMC's East Campus Hospital, Outpatient Rehabilitation

  
Brief Excerpt:

...S&P Global Ratings raised its long-term rating to '##+' from '##' on the California Statewide Communities Development Authority's series 2018, 2016A, 2014A, and 2014B fixed-rate revenue bonds issued for the Loma Linda University Medical Center (LLUMC) obligated group....

  
Report Type:

Research Update

Issuer
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: Loma Linda University Medical Center, CA Revenue Bonds Upgraded To 'BB+' On Stronger Financial Profile; Outlook Positive" Nov 20, 2025. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Loma-Linda-University-Medical-Center-CA-Revenue-Bonds-Upgraded-To-BB-On-Stronger-Financial-Profile-Outlook-Positive-3483273>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Loma Linda University Medical Center, CA Revenue Bonds Upgraded To 'BB+' On Stronger Financial Profile; Outlook Positive Nov 20, 2025. 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-Bonds-Upgraded-To-BB-On-Stronger-Financial-Profile-Outlook-Positive-3483273>
  
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