S&PCORRECT: Trinity Obligated Group, Ward County, ND Outlook Revised to Stable - S&P Global Ratings’ Credit Research

S&PCORRECT: Trinity Obligated Group, Ward County, ND Outlook Revised to Stable

S&PCORRECT: Trinity Obligated Group, Ward County, ND Outlook Revised to Stable - S&P Global Ratings’ Credit Research
S&PCORRECT: Trinity Obligated Group, Ward County, ND Outlook Revised to Stable
Published Aug 07, 2003
Published Aug 07, 2003
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

(Editor's note: The headline on the original version of this release misstated the change to the outlook.) CHICAGO (Standard & Poor's) Aug. 7, 2003--Standard & Poor's Ratings Services has affirmed its 'BBB+' rating on Ward County, N.D.'s revenue bonds issued for the Trinity Obligated Group (Trinity Health System), but has revised the outlook to stable from negative. "The rating reflects Trinity's enhanced competitive position, offset by substantial additional debt; improved profitability that has generated adequate coverage for the rating category; volume stability, despite Trinity's rural location, provided through employment of virtually the entire medical staff; and anticipated buildup in liquidity during the next several years," said Standard & Poor's credit analyst Brian Williamson. In 2001, Trinity Health System acquired its

  
Report Type:

News

Issuer
Sector
Public Finance
Format:
HTML HTML
Buy Now

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.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "S&PCORRECT: Trinity Obligated Group, Ward County, ND Outlook Revised to Stable" Aug 07, 2003. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-PCORRECT-Trinity-Obligated-Group-Ward-County-ND-Outlook-Revised-to-Stable-327520>
  
APA:
S&P Global Ratings’ Credit Research. (). S&PCORRECT: Trinity Obligated Group, Ward County, ND Outlook Revised to Stable Aug 07, 2003. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-PCORRECT-Trinity-Obligated-Group-Ward-County-ND-Outlook-Revised-to-Stable-327520>
  
US$ 150.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.