Summary: Parkview Health System Obligated Group, Indiana; Joint Criteria; System

S&P Global Ratings assigned its 'AA-' long-term rating to Parkview Health System, Inc., Ind.'s $100 million series 2020A taxable bonds, issued for Parkview Health System Obligated Group (Parkview). At the same time, S&P Global Ratings' affirmed the following ratings on bonds issued on behalf of Parkview: 'AA-' long-term rating on the Indiana Finance Authority's series 2018A, 2018B, 2018C, and 2019A bonds; 'AA-' long-term rating and underlying rating (SPUR) on the authority's series 2009B, 2009C, 2009D, 2012, and 2017A bonds; and 'AA+/A-1' dual rating on the authority's series 2009B, 2009C, and 2009D bonds. The outlook, where applicable, is stable. The 'AA+' long-term rating components reflect our opinion of the likelihood that debt service will be paid over the life of the

...S&P Global Ratings assigned its '##-' long-term rating to Parkview Health System, Inc., Ind.'s $100 million series 2020A taxable bonds, issued for Parkview Health System Obligated Group (Parkview). At the same time, S&P Global Ratings' affirmed the following ratings on bonds issued on behalf of Parkview: + '##-' long-term rating on the Indiana Finance Authority's series 2018A, 2018B, 2018C, and 2019A bonds; + '##-' long-term rating and underlying rating (SPUR) on the authority's series 2009B, 2009C, 2009D, 2012, and 2017A bonds; and + '##+/A-1' dual rating on the authority's series 2009B, 2009C, and 2009D bonds. The outlook, where applicable, is stable. The '##+' long-term rating components reflect our opinion of the likelihood that debt service will be paid over the life of the issue, and are based on the application of our joint criteria (assuming low correlation) between the '##-' SPUR on the obligor's debt and a letter of credit (LOC). The series 2009B and 2009D LOCs are provided by...

Summary