Summary: Lee Memorial Health System Board of Directors, Florida   Lee Memorial Health System; System - S&P Global Ratings’ Credit Research

Summary: Lee Memorial Health System Board of Directors, Florida Lee Memorial Health System; System

Summary: Lee Memorial Health System Board of Directors, Florida   Lee Memorial Health System; System - S&P Global Ratings’ Credit Research
Summary: Lee Memorial Health System Board of Directors, Florida Lee Memorial Health System; System
Published Apr 07, 2010
1791 words — Published Apr 07, 2010
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Abstract:

Standard&Poor's Ratings Services revised its outlook to stable from negative and affirmed its 'A' long-term rating and underlying rating (SPUR) on Lee Memorial Health System Board of Directors, Fla.'s. bonds issued for Lee Memorial Health System (LMHS). In addition, Standard&Poor's assigned its 'A' rating, and stable outlook, to the board's $42 million series 2010 hospital revenue bonds, issued for LMHS. The series 2010 bonds are expected to receive an interest rate subsidy from the U.S. Treasury under the Build America Bonds (BAB) program. Standard&Poor's credit ratings do not address the tax credit component of this issue. The outlook revision reflects our view of LMHS's improved fiscal 2009 financial results following a challenging year in

  
Brief Excerpt:

RESEARCH Summary: Lee Memorial Health System Board of Directors, Florida Lee Memorial Health System; System Publication date: 07-Apr-2010 Primary Credit Analyst: Stephen Infranco, New York (1) 212-438-2025; stephen_infranco@standardandpoors.com...

  
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Summary

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Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Lee Memorial Health System Board of Directors, Florida Lee Memorial Health System; System" Apr 07, 2010. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Lee-Memorial-Health-System-Board-of-Directors-Florida-Lee-Memorial-Health-System-System-787750>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Lee Memorial Health System Board of Directors, Florida Lee Memorial Health System; System Apr 07, 2010. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Lee-Memorial-Health-System-Board-of-Directors-Florida-Lee-Memorial-Health-System-System-787750>
  
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