Summary: Austin Trust's Series BOA 3026x (Ascension Health, MO) Variable-Rate And Inverse Certificates Raised to 'AA+/A-1' And 'AA+'; Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research

Summary: Austin Trust's Series BOA 3026x (Ascension Health, MO) Variable-Rate And Inverse Certificates Raised to 'AA+/A-1' And 'AA+'; Residual Certificates; Tender Option Certificates/Bonds

Summary: Austin Trust's Series BOA 3026x (Ascension Health, MO) Variable-Rate And Inverse Certificates Raised to 'AA+/A-1' And 'AA+'; Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research
Summary: Austin Trust's Series BOA 3026x (Ascension Health, MO) Variable-Rate And Inverse Certificates Raised to 'AA+/A-1' And 'AA+'; Residual Certificates; Tender Option Certificates/Bonds
Published May 17, 2011
Published May 17, 2011
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Abstract:

Standard&Poor's Ratings Services has raised its ratings to 'AA+/A-1' from 'AA/A-1' on Austin Trust's series BOA 3026x variable-rate certificates, relating to Alabama Special Care Facilities Financing Authority of Birmingham's series 2006C-2 (Ascension Health Senior Credit Group) revenue bonds. At the same time, Standard&Poor's raised the rating to 'AA+' from 'AA' on Austin Trust's series BOA 3026X inverse certificates, relating to Alabama Special Care Facilities Financing Authority of Birmingham's series 2006C-2 revenue bonds (Ascension Health Senior Credit Group). The long-term component of the rating is based on Standard&Poor's rating on the underlying bond (CUSIP # 010399BX0). The short-term component of the rating is based on the liquidity facility provided by Bank of America N.A. This

  
Report Type:

Summary

Issuer
Ascension Health Alliance
Sector
Public Finance
Country
United States
Region
United States
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Austin Trust's Series BOA 3026x (Ascension Health, MO) Variable-Rate And Inverse Certificates Raised to 'AA+/A-1' And 'AA+'; Residual Certificates; Tender Option Certificates/Bonds" May 17, 2011. Alacra Store. May 05, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Austin-Trust-s-Series-BOA-3026x-Ascension-Health-MO-Variable-Rate-And-Inverse-Certificates-Raised-to-AA-A-1-And-AA-Residual-Certificates-Tender-Option-Certificates-Bonds-866996>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Austin Trust's Series BOA 3026x (Ascension Health, MO) Variable-Rate And Inverse Certificates Raised to 'AA+/A-1' And 'AA+'; Residual Certificates; Tender Option Certificates/Bonds May 17, 2011. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Austin-Trust-s-Series-BOA-3026x-Ascension-Health-MO-Variable-Rate-And-Inverse-Certificates-Raised-to-AA-A-1-And-AA-Residual-Certificates-Tender-Option-Certificates-Bonds-866996>
  
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