Home Credit Ratings and Research S&P Global Ratings’ Credit Research North Carolina Med Care Comm

S&P Rates NC Med Care Comm/Novant Hlth&130M Revs AA

Published Mar 23, 1998

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Abstract:

NY -- Standard&Poor's CreditWire 3/23/98 – Standard&Poor's today assigned its double-`A' rating to North Carolina Medical Care Commission's $130 million revenue bonds (Novant Health Project) series 1998A dated March 1, 1998, issued for Novant Health Inc. The bonds are expected to sell April 8, 1998. Standard&Poor's affirmed its double-`A' rating on the commission's debt issued for Novant as follows: -- $145.81 million refunding revenue bonds (Carolina Medicorp) series 1992A&B and 1996, -- $102.75 million hospital revenue bonds (Presbyterian Health Service Corp.) series 1993, -- $67.35 million hospital revenue bonds (Presbyterian Health Service Corp.) series 1992, and -- $40.75 million hospital revenue bonds (Carolina Medicorp Project) series 1991. The double-`A' ratings reflect Novant's strong regional

Report Type:

Ratings Action

Issuer

North Carolina Med Care Comm

Sector

Global Issuers, Public Finance

Country

United States

Region

United States

Format:

HTML

S&P Rts N.Carolina Med Care Comm/Duke U Hosp Revs AA – 1998/06/19 – US$ 150.00

Summary: North Carolina Med Care Com; Revenue - Health Care, System – 1998/06/24 – US$ 225.00

S&P Asgns 'A+' SPUR to NC Med Care Comm Bnds – 1998/06/24 – US$ 150.00

Summary: North Carolina Med Care Com – 1998/06/25 – US$ 225.00

S&P Rates North Carolina Med Care Com $85M Revs 'A+' – 1998/07/29 – US$ 150.00

Summary: North Carolina Med Care Comm; Revenue - Health Care, Hospital – 1998/03/12 – US$ 225.00

North Carolina Med Care Comnty Bnds Rtd A+ by S&P – 1998/03/11 – US$ 150.00

Summary: North Carolina Med Care Comm; Pf Structured, Liquidity Facility; Revenue - Health Care, Hospital – 1997/11/13 – US$ 225.00

Rex Hospital,NC Rev Hlth Care Bnds Rtg Afrmd by S&P – 1997/10/10 – US$ 150.00

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MLA:	S&P Global Ratings’ Credit Research. "S&P Rates NC Med Care Comm/Novant Hlth&130M Revs AA" Mar 23, 1998. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Rates-NC-Med-Care-Comm-Novant-Hlth-130M-Revs-AA-28376>

APA:	S&P Global Ratings’ Credit Research. (). S&P Rates NC Med Care Comm/Novant Hlth&130M Revs AA Mar 23, 1998. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Rates-NC-Med-Care-Comm-Novant-Hlth-130M-Revs-AA-28376>

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