Summary: Illinois Finance Authority   Ann&Robert H. Lurie Children's Hospital of Chicago; Hospital - S&P Global Ratings’ Credit Research

Summary: Illinois Finance Authority Ann&Robert H. Lurie Children's Hospital of Chicago; Hospital

Summary: Illinois Finance Authority   Ann&Robert H. Lurie Children's Hospital of Chicago; Hospital - S&P Global Ratings’ Credit Research
Summary: Illinois Finance Authority Ann&Robert H. Lurie Children's Hospital of Chicago; Hospital
Published Dec 22, 2017
5 pages (2276 words) — Published Dec 22, 2017
Price US$ 225.00  |  Buy this Report Now

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Abstract:

S&P Global Ratings assigned its 'AA-' long-term rating to the Illinois Finance Authority's series 2018 taxable revenue bonds issued for the Ann&Robert H. Lurie Children's Hospital of Chicago (Lurie Children's). In addition, S&P Global Ratings affirmed its 'AA-' long-term rating and underlying rating (SPUR) on the authority's series 2008A and 2008B fixed-rate bonds and its 'AA-' long-term rating on the authority's series 2017A fixed rate bonds, all issued for Lurie Children's. Assured Guaranty Ltd. insures the series 2008A bonds. Children's Hospital of Chicago Medical Center is the parent organization for the system and we refer to the combined system in this report as Lurie Children's. The outlook is stable. Proceeds from the series 2018 fixed-rate revenue bonds will

  
Brief Excerpt:

...S&P Global Ratings assigned its '##-' long-term rating to the Illinois Finance Authority's series 2018 taxable revenue bonds issued for the Ann & Robert H. Lurie Children's Hospital of Chicago (Lurie Children's). In addition, S&P Global Ratings affirmed its '##-' long-term rating and underlying rating (SPUR) on the authority's series 2008A and 2008B fixed-rate bonds and its '##-' long-term rating on the authority's series 2017A fixed rate bonds, all issued for Lurie Children's. Assured Guaranty Ltd. insures the series 2008A bonds. Children's Hospital of Chicago Medical Center is the parent organization for the system and we refer to the combined system in this report as Lurie Children's. The outlook is stable. Proceeds from the series 2018 fixed-rate revenue bonds will go toward the refunding of the remaining series 2008A revenue bonds. We reviewed Lurie Children's in May 2017 and raised our rating to '##-' from 'A+' at that time. Lurie Children's has finished fiscal 2017 slightly ahead...

  
Report Type:

Summary

Issuer
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Illinois Finance Authority Ann&Robert H. Lurie Children's Hospital of Chicago; Hospital" Dec 22, 2017. Alacra Store. May 07, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Illinois-Finance-Authority-Ann-Robert-H-Lurie-Children-s-Hospital-of-Chicago-Hospital-1975905>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Illinois Finance Authority Ann&Robert H. Lurie Children's Hospital of Chicago; Hospital Dec 22, 2017. New York, NY: Alacra Store. Retrieved May 07, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Illinois-Finance-Authority-Ann-Robert-H-Lurie-Children-s-Hospital-of-Chicago-Hospital-1975905>
  
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