Standard&Poor's Ratings Services affirmed its 'A+' long-term rating and underlying rating (SPUR) on Greenwood County, S.C.'s series 2012B, 2009, 2004A, and 2004B bonds issued for Self Regional Healthcare. The outlook is stable. The affirmed ratings reflect our view of Self Regional's dominant market share, overall balance sheet strength, and solid financial results for the fiscal year ended Sept. 30, 2012 and through the six months year to date ended March 31, 2013. More specifically, the ratings reflect our opinion of Self Regional's: Solid cash flow coverage of maximum annual debt service (MADS) of 5.6x based on fiscal 2012 results; Favorable current liquidity metrics of more than 460 days' cash on hand and 2.3x unrestricted cash and investments to
