Summary: Fred Hutchinson Cancer Research Center, Washington; Non-Profit Organizations - S&P Global Ratings’ Credit Research

Summary: Fred Hutchinson Cancer Research Center, Washington; Non-Profit Organizations

Summary: Fred Hutchinson Cancer Research Center, Washington; Non-Profit Organizations - S&P Global Ratings’ Credit Research
Summary: Fred Hutchinson Cancer Research Center, Washington; Non-Profit Organizations
Published Jun 05, 2008
688 words — Published Jun 05, 2008
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Abstract:

Standard&Poor's Rating Services revised its rating on the Washington Health Care Facilities Authority's revenue bonds issued for Fred Hutchinson Cancer Research Center series 2000 to 'AA/A-1' from 'AA' following the addition of a letter of credit (LOC) provided by KeyBank ('A/A-1'). Currently the long-term component of the rating reflects an existing bond insurance policy provided by Radian Assurance Inc. ('AA/Watch Neg'). Going forward, the long-term component of the bond rating will reflect the higher rating of Radian and KeyBank as the LOC provider and the short-term rating solely reflects the LOC provider's short-term rating. The rating is on creditwatch with negative implications to reflect the outlook of the insurer. The bonds were converted June 4, 2008, from the

  
Brief Excerpt:

RESEARCH Summary: Fred Hutchinson Cancer Research Center, Washington; Non-Profit Organizations Publication date: 05-Jun-2008 Primary Credit Analyst: Jessica Goldman, New York 212-438-6484; jessica_goldman@standardandpoors.com Secondary...

  
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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: Fred Hutchinson Cancer Research Center, Washington; Non-Profit Organizations" Jun 05, 2008. Alacra Store. May 19, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Fred-Hutchinson-Cancer-Research-Center-Washington-Non-Profit-Organizations-652483>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Fred Hutchinson Cancer Research Center, Washington; Non-Profit Organizations Jun 05, 2008. New York, NY: Alacra Store. Retrieved May 19, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Fred-Hutchinson-Cancer-Research-Center-Washington-Non-Profit-Organizations-652483>
  
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