Research Update: Norman Regional Health System, OK Revenue Bond Rating Raised To'CCC'From'D'; Outlook Is Negative - S&P Global Ratings’ Credit Research

Research Update: Norman Regional Health System, OK Revenue Bond Rating Raised To'CCC'From'D'; Outlook Is Negative

Research Update: Norman Regional Health System, OK Revenue Bond Rating Raised To'CCC'From'D'; Outlook Is Negative - S&P Global Ratings’ Credit Research
Research Update: Norman Regional Health System, OK Revenue Bond Rating Raised To'CCC'From'D'; Outlook Is Negative
Published Nov 05, 2026
Published Nov 05, 2026
Price US$ 225.00  |  Buy this Report Now

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Abstract:

S&P Global Ratings raised its long-term rating to'CCC'from'D'on the Norman Regional Hospital Authority (NRHA), Oklahoma's series 2016, 2017, and 2019 revenue bonds, issued for Norman Regional Health System (NRHS). The outlook is negative. The upgrade reflects NRHS'Oct. 16, 2026, principal and interest payment on the above bonds, which was originally scheduled for Sept. 1, 2026. The debt service payment was funded by the series 2026 senior bonds (unrated), which were placed with a group of ad hoc holders of the outstanding bonds. A gross revenue pledge of the obligated group secures the bonds. In addition, NRHS'master trust indenture (MTI) was amended and supplemented with the series 2026 financing such that all rated bonds (and

  
Report Type:

Research Update

Issuer
Norman Regional Health System
Sector
Public Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: Norman Regional Health System, OK Revenue Bond Rating Raised To'CCC'From'D'; Outlook Is Negative" Nov 05, 2026. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Norman-Regional-Health-System-OK-Revenue-Bond-Rating-Raised-To-CCC-From-D-Outlook-Is-Negative-3655112>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Norman Regional Health System, OK Revenue Bond Rating Raised To'CCC'From'D'; Outlook Is Negative Nov 05, 2026. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Norman-Regional-Health-System-OK-Revenue-Bond-Rating-Raised-To-CCC-From-D-Outlook-Is-Negative-3655112>
  
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