Research Update: Willis-Knighton Health, LA Debt Rating And Issuer Credit Rating Affirmed At 'A' - S&P Global Ratings’ Credit Research

Research Update: Willis-Knighton Health, LA Debt Rating And Issuer Credit Rating Affirmed At 'A'

Research Update: Willis-Knighton Health, LA Debt Rating And Issuer Credit Rating Affirmed At 'A' - S&P Global Ratings’ Credit Research
Research Update: Willis-Knighton Health, LA Debt Rating And Issuer Credit Rating Affirmed At 'A'
Published May 12, 2025
Published May 12, 2025
Price US$ 225.00  |  Buy this Report Now

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Abstract:

S&P Global Ratings affirmed its 'A' long-term rating on the Louisiana Public Facilities Authority 's series 1995 and 1997 bonds issued for  Willis-Knighton Health (WKH) and on WKH's series 2018 and 2021 taxable bonds issued directly by the system. In addition, we affirmed our 'A' issuer credit rating (ICR) on the system. The outlook is stable. Gross receipts from Willis-Knighton Medical Center, which includes all four acute care hospitals, secure the bonds, and there is no separate obligated group or master trust indenture. Willis-Knighton Medical Center typically accounts for over 95% of total system assets and revenue. The series 1995 and 1997 will mature in September 2025 and September 2027, respectively, and therefore will be no longer carry a rating. An

  
Report Type:

Research Update

Ticker
LASFAC
Issuer
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
Format:
PDF Adobe Acrobat
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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: Willis-Knighton Health, LA Debt Rating And Issuer Credit Rating Affirmed At 'A'" May 12, 2025. Alacra Store. May 21, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Willis-Knighton-Health-LA-Debt-Rating-And-Issuer-Credit-Rating-Affirmed-At-A-3367638>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Willis-Knighton Health, LA Debt Rating And Issuer Credit Rating Affirmed At 'A' May 12, 2025. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Willis-Knighton-Health-LA-Debt-Rating-And-Issuer-Credit-Rating-Affirmed-At-A-3367638>
  
US$ 225.00
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