Summary: Colorado Health Facilities Authority   Intermountain Healthcare; System - S&P Global Ratings’ Credit Research

Summary: Colorado Health Facilities Authority Intermountain Healthcare; System

Summary: Colorado Health Facilities Authority   Intermountain Healthcare; System - S&P Global Ratings’ Credit Research
Summary: Colorado Health Facilities Authority Intermountain Healthcare; System
Published Jun 24, 2022
9 pages (3586 words) — Published Jun 24, 2022
Price US$ 225.00  |  Buy this Report Now

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Abstract:

S&P Global Ratings raised its rating on bonds issued by various issuers for Sisters of Charity of Leavenworth Health System (SCL Health), Colo. to 'AA+' from 'AA-'. S&P Global Ratings also raised its rating on the Colorado Health Facilities Authority's series 2019 revenue bonds, issued for the NJH-SJH Center for Outpatient Health to 'AA' from 'A+'. The rating on NJH-SJH Center for Outpatient Health is based on our guarantee criteria with SCL Health's pledge to make payments subordinate to payments on its own debt. At the same time S&P Global Ratings assigned its 'AA+' long-term rating to Colorado Health Facilities Authority's $502 million series 2022A tax-exempt fixed-rate revenue bonds, $200 million series 2022B and $200 million series 2022C tax-exempt fixed-rate

  
Brief Excerpt:

...S&P Global Ratings raised its rating on bonds issued by various issuers for Sisters of Charity of Leavenworth Health System (SCL Health), Colo. to '##+' from '##-'. S&P Global Ratings also raised its rating on the Colorado Health Facilities Authority's series 2019 revenue bonds, issued for the NJH-SJH Center for Outpatient Health to '##' from 'A+'. The rating on NJH-SJH Center for Outpatient Health is based on our guarantee criteria with SCL Health's pledge to make payments subordinate to payments on its own debt. At the same time S&P Global Ratings assigned its '##+' long-term rating to Colorado Health Facilities Authority's $502 million series 2022A tax-exempt fixed-rate revenue bonds, $200 million series 2022B and $200 million series 2022C tax-exempt fixed-rate revenue bonds (put bonds), and $200 million series 2022D tax-exempt fixed-rate revenue bonds (floating rate notes) all issued for Intermountain Healthcare (Intermountain), Utah. We also assigned our '##+/A-1+' rating to Colorado...

  
Report Type:

Summary

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Global Issuers, Public Finance, Structured Finance
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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.

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MLA:
S&P Global Ratings’ Credit Research. "Summary: Colorado Health Facilities Authority Intermountain Healthcare; System" Jun 24, 2022. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Colorado-Health-Facilities-Authority-Intermountain-Healthcare-System-2858746>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Colorado Health Facilities Authority Intermountain Healthcare; System Jun 24, 2022. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Colorado-Health-Facilities-Authority-Intermountain-Healthcare-System-2858746>
  
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