S&P Corrects And Lowers North Carolina Medical Care Community's Series 2008 Bonds Rating To 'AAA/A-2' - S&P Global Ratings’ Credit Research

S&P Corrects And Lowers North Carolina Medical Care Community's Series 2008 Bonds Rating To 'AAA/A-2'

S&P Corrects And Lowers North Carolina Medical Care Community's Series 2008 Bonds Rating To 'AAA/A-2' - S&P Global Ratings’ Credit Research
S&P Corrects And Lowers North Carolina Medical Care Community's Series 2008 Bonds Rating To 'AAA/A-2'
Published Jan 05, 2010
Published Jan 05, 2010
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Abstract:

NEW YORK (Standard&Poor's) Jan. 5, 2010--Standard&Poor's Ratings Services corrected and lowered its rating on North Carolina Medical Care Community's ( Caro Mount Health) hospital variable-rate demand bonds series 2008 to 'AAA/A-2' from 'AAA/A-1', and removed the rating from CreditWatch with negative implications. The long-term component of the rating is based on the rating of the insurance provider, Assured Guaranty Corporation (AAA). The short-term component of the rating is based on the rating of Regions Bank (A-/A-2). On June 17, 2009, we lowered the short-term rating on Regions Bank to 'A-2' from 'A-1' (please see, "Regions Financial Corp. Rating Lowered To 'BBB+/A-2'; Outlook Negative," published June 17, 2009, on RatingsDirect). However, due to an administrative error, we

  
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MLA:
S&P Global Ratings’ Credit Research. "S&P Corrects And Lowers North Carolina Medical Care Community's Series 2008 Bonds Rating To 'AAA/A-2'" Jan 05, 2010. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Corrects-And-Lowers-North-Carolina-Medical-Care-Community-s-Series-2008-Bonds-Rating-To-AAA-A-2-767440>
  
APA:
S&P Global Ratings’ Credit Research. (). S&P Corrects And Lowers North Carolina Medical Care Community's Series 2008 Bonds Rating To 'AAA/A-2' Jan 05, 2010. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Corrects-And-Lowers-North-Carolina-Medical-Care-Community-s-Series-2008-Bonds-Rating-To-AAA-A-2-767440>
  
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