Summary: Intermountain Health Care Inc., Utah   FMS Bonds Inc.; Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research

Summary: Intermountain Health Care Inc., Utah FMS Bonds Inc.; Residual Certificates; Tender Option Certificates/Bonds

Summary: Intermountain Health Care Inc., Utah   FMS Bonds Inc.; Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research
Summary: Intermountain Health Care Inc., Utah FMS Bonds Inc.; Residual Certificates; Tender Option Certificates/Bonds
Published Jul 17, 2018
5 pages (1791 words) — Published Jul 17, 2018
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

July 17, 2018 2018- XF2628 Utah County, Utah Hospital revenue bonds, series 2018A (IHC Health Services Inc.) Morgan Stanley Bank N.A. FMSbonds Inc. Morgan Stanley&Co. LLC S&P Global Ratings assigned the above-mentioned ratings to the floater and residual receipts (collectively the receipts), reflecting S&P Global Ratings' opinion of the likelihood the trust will have sufficient assets to pay timely interest and full principal when due on the receipts. Trust assets include all distributions of principal; interest; and premiums, if any, from the underlying securities and the liquidity facility, which is in place to support tender payments on the floaters. The long-term component of our rating on the floaters reflects the ratings on the underlying securities and addresses full

  
Brief Excerpt:

...S&P Global Ratings assigned the above-mentioned ratings to the floater and residual receipts (collectively the receipts), reflecting S&P Global Ratings' opinion of the likelihood the trust will have sufficient assets to pay timely interest and full principal when due on the receipts. Trust assets include all distributions of principal; interest; and premiums, if any, from the underlying securities and the liquidity facility, which is in place to support tender payments on the floaters. The long-term component of our rating on the floaters reflects the ratings on the underlying securities and addresses...

  
Report Type:

Summary

Issuer
Sector
Global Issuers, Public Finance
Country
Region
Format:
PDF Adobe Acrobat
Buy Now

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.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Summary: Intermountain Health Care Inc., Utah FMS Bonds Inc.; Residual Certificates; Tender Option Certificates/Bonds" Jul 17, 2018. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Intermountain-Health-Care-Inc-Utah-FMS-Bonds-Inc-Residual-Certificates-Tender-Option-Certificates-Bonds-2073021>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Intermountain Health Care Inc., Utah FMS Bonds Inc.; Residual Certificates; Tender Option Certificates/Bonds Jul 17, 2018. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Intermountain-Health-Care-Inc-Utah-FMS-Bonds-Inc-Residual-Certificates-Tender-Option-Certificates-Bonds-2073021>
  
US$ 225.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.