Summary: New Jersey Health Care Facilities Financing Authority   Virtua Health Inc.; Joint Criteria - S&P Global Ratings’ Credit Research

Summary: New Jersey Health Care Facilities Financing Authority Virtua Health Inc.; Joint Criteria

Summary: New Jersey Health Care Facilities Financing Authority   Virtua Health Inc.; Joint Criteria - S&P Global Ratings’ Credit Research
Summary: New Jersey Health Care Facilities Financing Authority Virtua Health Inc.; Joint Criteria
Published Jan 08, 2014
Published Jan 08, 2014
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Abstract:

Standard&Poor's Ratings Services confirmed its 'AAA/A-1' rating on New Jersey Health Care Facilities Financing Authority's (Virtua Health Inc.) series 2009B and 2009C hospital variable-rate demand obligation bonds, due to the bank facility being extended to Jan. 2, 2017. The long-term component of the rating is based jointly (assuming low correlation) on the ratings on the obligor, Virtua Health Inc., and the letter of credit provider, JPMorgan Chase Bank N.A. The short-term component of the rating is based solely on the rating on JPMorgan Chase 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 Credit-Supported Debt, July 6,

  
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Summary

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Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Summary: New Jersey Health Care Facilities Financing Authority Virtua Health Inc.; Joint Criteria" Jan 08, 2014. Alacra Store. May 17, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-New-Jersey-Health-Care-Facilities-Financing-Authority-Virtua-Health-Inc-Joint-Criteria-1237728>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: New Jersey Health Care Facilities Financing Authority Virtua Health Inc.; Joint Criteria Jan 08, 2014. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-New-Jersey-Health-Care-Facilities-Financing-Authority-Virtua-Health-Inc-Joint-Criteria-1237728>
  
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