Summary: Minneapolis, Minnesota   St. Paul Housing and Redevelopment Authority   Allina Hospital&Clinics; Joint Criteria - S&P Global Ratings’ Credit Research

Summary: Minneapolis, Minnesota St. Paul Housing and Redevelopment Authority Allina Hospital&Clinics; Joint Criteria

Summary: Minneapolis, Minnesota   St. Paul Housing and Redevelopment Authority   Allina Hospital&Clinics; Joint Criteria - S&P Global Ratings’ Credit Research
Summary: Minneapolis, Minnesota St. Paul Housing and Redevelopment Authority Allina Hospital&Clinics; Joint Criteria
Published Jan 27, 2015
3 pages (984 words) — Published Jan 27, 2015
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Standard&Poor's Ratings Services confirmed its 'AAA/A-1+' rating on Minneapolis' and St. Paul Housing and Redevelopment Authority, Minn.'s (Allina Hospital&Clinics) series 2007C-1 and 2007C-2 hospital variable-rate demand revenue bonds, due to the bank facility being extended to Jan. 4, 2017. The long-term component of the rating is based jointly (assuming low correlation) on the ratings on the obligor, Allina Hospital&Clinics, and the letter of credit provider, Wells Fargo Bank N.A. The short-term component of the rating is based solely on the rating on Wells Fargo Bank N.A. USPF Criteria: Municipal Applications For Joint Support Criteria, June 25, 2007 Criteria: Joint Support Criteria Update, April 22, 2009 Criteria: Methodology And Assumptions: Approach To Evaluating Letter Of

  
Brief Excerpt:

...Standard & Poor's Ratings Services confirmed its '###/A-1+' rating on Minneapolis' and St. Paul Housing and Redevelopment Authority, Minn.'s (Allina Hospital & Clinics) series 2007C-1 and 2007C-2 hospital variable-rate demand revenue bonds, due to the bank facility being extended to Jan. 4, 2017. The long-term component of the rating is based jointly (assuming low correlation) on the ratings on the obligor, Allina Hospital & Clinics, and the letter of credit provider, Wells Fargo Bank N.A. The short-term component of the rating is based solely on the rating on Wells Fargo Bank N.A....

  
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 St. Paul Housing and Redevelopment Authority Allina Hospital&Clinics; Joint Criteria" Jan 27, 2015. Alacra Store. May 19, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Minneapolis-Minnesota-St-Paul-Housing-and-Redevelopment-Authority-Allina-Hospital-Clinics-Joint-Criteria-1380935>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Minneapolis, Minnesota St. Paul Housing and Redevelopment Authority Allina Hospital&Clinics; Joint Criteria Jan 27, 2015. New York, NY: Alacra Store. Retrieved May 19, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Minneapolis-Minnesota-St-Paul-Housing-and-Redevelopment-Authority-Allina-Hospital-Clinics-Joint-Criteria-1380935>
  
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