S&P Rates California Health Fac Fin Auth Bnds 'A+' - S&P Global Ratings’ Credit Research

S&P Rates California Health Fac Fin Auth Bnds 'A+'

S&P Rates California Health Fac Fin Auth Bnds 'A+' - S&P Global Ratings’ Credit Research
S&P Rates California Health Fac Fin Auth Bnds 'A+'
Published May 20, 1998
Published May 20, 1998
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Abstract:

NY -- Standard&Poor's CreditWire 5/20/98 – Standard&Poor's today assigned its single-'A'-plus rating to California Health Facilities Financing Authority's $46.155 million bonds series 1998A dated May 1, 1998 due Aug. 1, 2020, issued by for Casa de las Campanas. Casa de las Campanas is a 501(c)(3) corporation that owns and operates a continuing care retirement community in Rancho Bernardo, near San Diego, Calif. Bond proceeds will be used to refund series 1990 bonds. Security for this issue is based on California's Health Facilities Construction Loan Insurance Program. In the event of a default, the state can continue to make regularly scheduled debt service payments or issue debentures to the trustee for the benefit of the bond owners,

  
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Ratings Action

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Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "S&P Rates California Health Fac Fin Auth Bnds 'A+'" May 20, 1998. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Rates-California-Health-Fac-Fin-Auth-Bnds-A-29607>
  
APA:
S&P Global Ratings’ Credit Research. (). S&P Rates California Health Fac Fin Auth Bnds 'A+' May 20, 1998. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Rates-California-Health-Fac-Fin-Auth-Bnds-A-29607>
  
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