South Broward Hospital District, Florida; System

S&P Global Ratings' assigned its 'AA' long-term rating to South Broward Hospital District (SBHD; doing business as Memorial Healthcare System), Fla.'s $200 million series 2021A tax exempt hospital revenue bonds and $50 million series 2021B taxable hospital revenue bonds. In addition, S&P Global Ratings affirmed its 'AA' rating on various series of debt issued for SBHD. The outlook on all ratings is stable. The series 2021 bonds are being issued by SBHD to pay a portion of the cost of acquiring, constructing, and equipping certain of its health care facilities, including the reimbursement for certain prior capital expenditures. Proceeds from the 2021A bonds will help fund various capital projects, including the expansion of Joe DiMaggio Children's Hospital, Memorial Cancer Institute

...S&P Global Ratings' assigned its '##' long-term rating to South Broward Hospital District (SBHD; doing business as Memorial Healthcare System), Fla.'s $200 million series 2021A tax exempt hospital revenue bonds and $50 million series 2021B taxable hospital revenue bonds. In addition, S&P Global Ratings affirmed its '##' rating on various series of debt issued for SBHD. The outlook on all ratings is stable. The series 2021 bonds are being issued by SBHD to pay a portion of the cost of acquiring, constructing, and equipping certain of its health care facilities, including the reimbursement for certain prior capital expenditures. Proceeds from the 2021A bonds will help fund various capital projects, including the expansion of Joe DiMaggio Children's Hospital, Memorial Cancer Institute at Memorial Hospital West and major capital projects at both Memorial Regional Hospital and Memorial Hospital West. Proceeds from the 2021A bonds will help fund the Women's Pavilion at Memorial Hospital Miramar....

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