S&P Rts Montgomery Cnty Hgr Ed&Hlth,PA/Pottstown Revs - S&P Global Ratings’ Credit Research

S&P Rts Montgomery Cnty Hgr Ed&Hlth,PA/Pottstown Revs

S&P Rts Montgomery Cnty Hgr Ed&Hlth,PA/Pottstown Revs - S&P Global Ratings’ Credit Research
S&P Rts Montgomery Cnty Hgr Ed&Hlth,PA/Pottstown Revs
Published Jun 18, 1998
Published Jun 18, 1998
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Abstract:

NY -- Standard & Poor's CreditWire 6/18/98 û Standard & Poor's today assigned its single-`A'-minus underlying rating (SPUR) to Montgomery County Higher Education & Health Authority, Pa.'s $46.5 million revenue bonds series 1998 dated June 1, 1998 due Dec. 31, 2021, issued for Pottstown Healthcare Corp. (PHC) The bonds, which are expected to receive a triple-`A' based on Financial Security Assurance Inc. bond insurance, are scheduled to sell June 25, 1998. At the same time, Standard & Poor's raised its rating on the authority's outstanding revenue bonds series 1991, also issued for Pottstown, to single-`A'-minus from triple-`B'-plus. The SPUR rating on the authority's series 1998 revenue bonds reflects: -- A solid business position in a service area with limited competition,

  
Report Type:

News

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Sector
Financial Institutions, Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "S&P Rts Montgomery Cnty Hgr Ed&Hlth,PA/Pottstown Revs" Jun 18, 1998. Alacra Store. May 10, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Rts-Montgomery-Cnty-Hgr-Ed-Hlth-PA-Pottstown-Revs-42774>
  
APA:
S&P Global Ratings’ Credit Research. (). S&P Rts Montgomery Cnty Hgr Ed&Hlth,PA/Pottstown Revs Jun 18, 1998. New York, NY: Alacra Store. Retrieved May 10, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Rts-Montgomery-Cnty-Hgr-Ed-Hlth-PA-Pottstown-Revs-42774>
  
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