S&P Global Ratings assigned its'A-1'short term rating to Parkview Health System ’s (Parkview), Indiana’s $200 million taxable commercial paper (CP) program. Revenue of the credit group secures the taxable CP and bonds outstanding. The credit group consists of the parent, Parkview Health System, and Parkview Hospital, with Parkview LaGrange Hospital, Parkview Wabash Hospital, Goshen Hospital Assn. Inc., and Goshen Health System Inc. as designated affiliates. A master note obligation issued by the obligated group members under the master trust indenture secures the series 2026 bonds. The taxable CP program with an authorized amount of $200 million is being issued to provide liquidity and financing flexibility related to various capital projects. There are no immediate plans to draw on
