Summary: Michigan State Hospital Finance Authority   Trinity Health; System - S&P Global Ratings’ Credit Research

Summary: Michigan State Hospital Finance Authority Trinity Health; System

Summary: Michigan State Hospital Finance Authority   Trinity Health; System - S&P Global Ratings’ Credit Research
Summary: Michigan State Hospital Finance Authority Trinity Health; System
Published Jun 10, 2008
Published Jun 10, 2008
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Abstract:

Standard&Poor's Ratings Services raised its rating on Michigan State Hospital Finance Authority's (Trinity Health) variable-rate revenue bonds (Trinity Health Care Credit Group) bonds series 2005H to 'AA/A-1+' from 'AA/A-1' in conjunction with the proposed first amendment to the standby bond purchase agreement (SBPA). The long-term component of the rating reflects the rating of Trinity Health Corp. The long-term component of the rating reflects the likelihood that the debt service will be paid over the life of the issue. The short-term component of the rating represents the likelihood of payment of tenders and reflects a liquidity facility provided by The Bank of Nova Scotia (A-1+). Following the amendment to the liquidity facility, which is a SBPA, the automatic termination

  
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Summary

Ticker
27822Z
Issuer
Sector
Global Issuers, Public Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Michigan State Hospital Finance Authority Trinity Health; System" Jun 10, 2008. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Michigan-State-Hospital-Finance-Authority-Trinity-Health-System-653130>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Michigan State Hospital Finance Authority Trinity Health; System Jun 10, 2008. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Michigan-State-Hospital-Finance-Authority-Trinity-Health-System-653130>
  
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