Summary: Minneapolis, Minnesota   National Marrow Donor Program; Non-Profit Organizations - S&P Global Ratings’ Credit Research

Summary: Minneapolis, Minnesota National Marrow Donor Program; Non-Profit Organizations

Summary: Minneapolis, Minnesota   National Marrow Donor Program; Non-Profit Organizations - S&P Global Ratings’ Credit Research
Summary: Minneapolis, Minnesota National Marrow Donor Program; Non-Profit Organizations
Published Mar 29, 2013
1758 words — Published Mar 29, 2013
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Abstract:

Standard&Poor's Ratings Services revised its outlook to positive from stable and affirmed its 'BBB' long-term rating on Minneapolis, Minn.'s $67.5 million revenue bonds, series 2010, issued for the National Marrow Donor Program (NMDP, or the program). The bonds are the program's only debt. The outlook revision reflects our view of NMDP's good operating performance in recent years, which should continue for the next several years given NMDP's flexible expense base and continued revenue growth. We anticipate that NMDP will demonstrate that it can consistently absorb its additional fixed costs during the next one to two years and manage good debt service coverage while keeping a relatively stable balance sheet given the operating surpluses. The 'BBB' rating reflects our

  
Brief Excerpt:

RESEARCH Summary: Minneapolis, Minnesota National Marrow Donor Program; Non-Profit Organizations Publication date: 29-Mar-2013 Primary Credit Analyst: Suzie R Desai, Chicago (1) 312-233-7046; suzie_desai@standardandpoors.com Secondary...

  
Report Type:

Summary

Ticker
MINMED
Issuer
Sector
Global Issuers, Public Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Minneapolis, Minnesota National Marrow Donor Program; Non-Profit Organizations" Mar 29, 2013. Alacra Store. May 19, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Minneapolis-Minnesota-National-Marrow-Donor-Program-Non-Profit-Organizations-1106671>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Minneapolis, Minnesota National Marrow Donor Program; Non-Profit Organizations Mar 29, 2013. New York, NY: Alacra Store. Retrieved May 19, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Minneapolis-Minnesota-National-Marrow-Donor-Program-Non-Profit-Organizations-1106671>
  
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