...Standard & Poor's Ratings Services affirmed its '##' long-term rating on Massachusetts Development Finance Agency's series P-1 and M bonds and underlying ratings on the series N bonds issued for Children's Hospital Of Boston (Children's). At the same time, Standard & Poor's affirmed its '###/A-1+' long- and short-term ratings on the series N-3 (2010) and N-4 (2010) revenue bonds also issued for Children's. The outlook is stable. The rating reflects our view of Children's solid business position as a leading provider of pediatric services; we believe that will allow it to maintain solid operating profitability and balance sheet strength. We expect that Children's could issue $250 million in additional debt for capital projects in the next one to two years. We believe there is debt capacity for this debt given the strong liquidity position and relatively low debt levels. We believe that Children's solid foothold in the region, its highly effective management team, and sound strategic plan...
