Summary: Johns Hopkins Hosp, MD; Public Finance Structured, Liquidity Facility - S&P Global Ratings’ Credit Research

Summary: Johns Hopkins Hosp, MD; Public Finance Structured, Liquidity Facility

Summary: Johns Hopkins Hosp, MD; Public Finance Structured, Liquidity Facility - S&P Global Ratings’ Credit Research
Summary: Johns Hopkins Hosp, MD; Public Finance Structured, Liquidity Facility
Published Mar 05, 2004
628 words — Published Mar 05, 2004
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Abstract:

The 'A-1+' rating on Maryland Health and Higher Educational Facilities Authority's CP notes, issued for Johns Hopkins Hospital ('AA-'; an affiliate of Johns Hopkins Health System Corp.), is based on the borrower's ability to pay the interest that is due on the maturity date, and the line of credit provider's (SunTrust Bank; 'A-1+'), ability to pay the principal that is due on the maturity date. The expiration date of the line of credit will be March 1, 2009, and at such time, the rating shall be withdrawn unless the expiration dates are extended pursuant to their terms. The line of credit has automatic and suspension events that enable the lines to terminate their commitment to provide principal coverage without prior

  
Brief Excerpt:

RESEARCH Summary: Johns Hopkins Hosp, MD; Public Finance Structured, Liquidity Facility Publication date: 05-Mar-2004 Credit Profile AFFIRMED Maryland Hlth & Hgr Ed Fac Auth, Maryland $60.000 mil. Maryland Hlth & Hgr Ed Fac Auth (Johns...

  
Report Type:

Summary

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Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Johns Hopkins Hosp, MD; Public Finance Structured, Liquidity Facility" Mar 05, 2004. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Johns-Hopkins-Hosp-MD-Public-Finance-Structured-Liquidity-Facility-362542>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Johns Hopkins Hosp, MD; Public Finance Structured, Liquidity Facility Mar 05, 2004. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Johns-Hopkins-Hosp-MD-Public-Finance-Structured-Liquidity-Facility-362542>
  
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