Summary: IHC Hlth Svcs Inc(fka Intermountain Hlth Care Inc), UT; Pf Structured, Liquidity Facility; Revenue - Health Care, Other; Revenue - Health Care, System - S&P Global Ratings’ Credit Research

Summary: IHC Hlth Svcs Inc(fka Intermountain Hlth Care Inc), UT; Pf Structured, Liquidity Facility; Revenue - Health Care, Other; Revenue - Health Care, System

Summary: IHC Hlth Svcs Inc(fka Intermountain Hlth Care Inc), UT; Pf Structured, Liquidity Facility; Revenue - Health Care, Other; Revenue - Health Care, System - S&P Global Ratings’ Credit Research
Summary: IHC Hlth Svcs Inc(fka Intermountain Hlth Care Inc), UT; Pf Structured, Liquidity Facility; Revenue - Health Care, Other; Revenue - Health Care, System
Published Feb 17, 2000
Published Feb 17, 2000
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Abstract:

The long-term rating on Weber County, Utah's bonds, issued for IHC Health Services Inc. (formerly known as Intermountain Health Care Inc.), reflects the integrated delivery system's dominant market position in a service area centered in north central Utah. Additionally, IHC produced strong profitability and debt service coverage and has a solid balance sheet with improving liquidity. The short-term rating is based on SBPAs issued by Dexia Credit Local de France, which will provide liquidity support for the series 2000A and 2000C bonds, and Westdeutche Landesbank Girozentrale, which will provide liquidity for the series 2000B bonds. Each SBPA covers principal plus 35 days' interest at an interest coverage rate of up to 10% on the variable-rate bonds. The bonds are initially

  
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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: IHC Hlth Svcs Inc(fka Intermountain Hlth Care Inc), UT; Pf Structured, Liquidity Facility; Revenue - Health Care, Other; Revenue - Health Care, System" Feb 17, 2000. Alacra Store. May 12, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-IHC-Hlth-Svcs-Inc-fka-Intermountain-Hlth-Care-Inc-UT-Pf-Structured-Liquidity-Facility-Revenue-Health-Care-Other-Revenue-Health-Care-System-141532>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: IHC Hlth Svcs Inc(fka Intermountain Hlth Care Inc), UT; Pf Structured, Liquidity Facility; Revenue - Health Care, Other; Revenue - Health Care, System Feb 17, 2000. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-IHC-Hlth-Svcs-Inc-fka-Intermountain-Hlth-Care-Inc-UT-Pf-Structured-Liquidity-Facility-Revenue-Health-Care-Other-Revenue-Health-Care-System-141532>
  
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