S&P Global Ratings assigned its 'A-1+' rating to Johns Hopkins Health System Obligated Group (JHHS), Md.'s $200 million series 2022 taxable commercial paper (CP) backed by its self-liquidity. JHHS' long-term rating is 'AA-' with a stable outlook. Securing the CP is a revenue pledge of the obligated group. JHHS' obligated group consists of the parent company (The Johns Hopkins Health System), The Johns Hopkins Hospital, Johns Hopkins Bayview Medical Center, Suburban Hospital, Suburban Hospital Healthcare System, Howard County General Hospital, Sibley Memorial Hospital, and Johns Hopkins All Children's Hospital. Key non-obligated entities include Johns Hopkins HealthCare, and Johns Hopkins Community Physicians, a statewide physician practice group. With this offering, JHHS is establishing a CP program in the amount of $200
