Summary: Indiana Finance Authority   Trinity Health, Michigan; System - S&P Global Ratings’ Credit Research

Summary: Indiana Finance Authority Trinity Health, Michigan; System

Summary: Indiana Finance Authority   Trinity Health, Michigan; System - S&P Global Ratings’ Credit Research
Summary: Indiana Finance Authority Trinity Health, Michigan; System
Published May 23, 2012
Published May 23, 2012
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Standard&Poor's Ratings Services affirmed its 'AA/A-1+' dual rating on Indiana Finance Authority's $189.31 million series 2008D-2 bonds, issued for Trinity Health, Mich. The outlook is stable. The rating affirmation fully factors in Trinity Health's scheduled June 1, 2012 mode conversion on all of its 2008D-2 series debt, which will convert all of the outstanding series of bonds from weekly variable-rate demand bond mode to its flexible (similar to commercial paper) mode. The 2008D-2 bonds are still governed by their original Nov. 1, 2008 bond indenture, and retain the ability to be changed to another mode. The remarketing agent for the 2008D-2 bonds is Goldman, Sachs&Co. The 'A-1+' short-term component of the dual rating reflects the credit

  
Report Type:

Summary

Ticker
27822Z
Issuer
Sector
Global Issuers, Public Finance
Country
Region
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Indiana Finance Authority Trinity Health, Michigan; System" May 23, 2012. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Indiana-Finance-Authority-Trinity-Health-Michigan-System-969014>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Indiana Finance Authority Trinity Health, Michigan; System May 23, 2012. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Indiana-Finance-Authority-Trinity-Health-Michigan-System-969014>
  
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