Research Update: MultiCare Health System, WA Bond Rating Outlook Revised To Negative On Operating Losses - S&P Global Ratings’ Credit Research

Research Update: MultiCare Health System, WA Bond Rating Outlook Revised To Negative On Operating Losses

Research Update: MultiCare Health System, WA Bond Rating Outlook Revised To Negative On Operating Losses - S&P Global Ratings’ Credit Research
Research Update: MultiCare Health System, WA Bond Rating Outlook Revised To Negative On Operating Losses
Published May 07, 2025
Published May 07, 2025
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings revised its outlook to negative from stable on various series of MultiCare Health System (MultiCare or MHS), Wash's debt. At the same time, S&P Global Ratings assigned it 'A' long-term rating to Washington Health Care Facilities Authority ?s $423.07 million series 2005A fixed-rate bonds, $109.595 million series 2005B five-year term bonds, and $108.505 million series 2005C seven-year term bonds, issued for MultiCare. At the same time, S&P Global Ratings affirmed its 'A' long-term rating and underlying rating (SPUR) on MultiCare Health System?s series 2015A, 2015B, 2017A, and 2017B revenue bonds, series 2020 taxable bonds, and series 2022A and 2022B taxable note obligations issued by Washington Health Care Facilities Authority. We also affirmed our ?A? rating on Overlake

  
Report Type:

Research Update

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. "Research Update: MultiCare Health System, WA Bond Rating Outlook Revised To Negative On Operating Losses" May 07, 2025. Alacra Store. May 11, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-MultiCare-Health-System-WA-Bond-Rating-Outlook-Revised-To-Negative-On-Operating-Losses-3365732>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: MultiCare Health System, WA Bond Rating Outlook Revised To Negative On Operating Losses May 07, 2025. New York, NY: Alacra Store. Retrieved May 11, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-MultiCare-Health-System-WA-Bond-Rating-Outlook-Revised-To-Negative-On-Operating-Losses-3365732>
  
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