Summary: Mayo Clinic, Minnesota; CP; System - S&P Global Ratings’ Credit Research

Summary: Mayo Clinic, Minnesota; CP; System

Summary: Mayo Clinic, Minnesota; CP; System - S&P Global Ratings’ Credit Research
Summary: Mayo Clinic, Minnesota; CP; System
Published Dec 29, 2015
7 pages (2824 words) — Published Dec 29, 2015
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Abstract:

Standard&Poor's Ratings Services affirmed all of its outstanding long and short term ratings on debt issued for the Mayo Clinic, Minn. issued by various issuers. We affirmed the 'AA/A-1+' and 'AA/A-1' dual ratings on various issuers' debt issued for, or guaranteed by, Mayo Clinic as well as the A-1+ on Mayo clinic's commercial paper program and various bonds that are in commercial paper mode. The outlook remains stable. The 'A-1+' and 'A-1' short-term components of the affirmed ratings reflect the short-term ratings on the various standby bond purchase agreement providers, as well as our assessment of Mayo Clinic's self-liquidity and its procedures for providing the funds in a timely manner. The long-term rating on the Mayo Clinic reflects

  
Brief Excerpt:

...Standard & Poor's Ratings Services affirmed all of its outstanding long and short term ratings on debt issued for the Mayo Clinic, Minn. issued by various issuers. We affirmed the '##/A-1+' and '##/A-1' dual ratings on various issuers' debt issued for, or guaranteed by, Mayo Clinic as well as the A-1+ on Mayo clinic's commercial paper program and various bonds that are in commercial paper mode. The outlook remains stable. The 'A-1+' and 'A-1' short-term components of the affirmed ratings reflect the short-term ratings on the various standby bond purchase agreement providers, as well as our assessment of Mayo Clinic's self-liquidity and its procedures for providing the funds in a timely manner. The long-term rating on the Mayo Clinic reflects an excellent enterprise profile as one of the country's leading health systems, with a diverse group of operating assets, although a clear reliance on the multiple entities in Rochester, Minn. and their ability to attract tertiary and quaternary patient...

  
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Mayo Clinic, Minnesota; CP; System" Dec 29, 2015. Alacra Store. May 16, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Mayo-Clinic-Minnesota-CP-System-1557145>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Mayo Clinic, Minnesota; CP; System Dec 29, 2015. New York, NY: Alacra Store. Retrieved May 16, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Mayo-Clinic-Minnesota-CP-System-1557145>
  
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