Summary: Rochester, Minnesota   Mayo Clinic; System - S&P Global Ratings’ Credit Research

Summary: Rochester, Minnesota Mayo Clinic; System

Summary: Rochester, Minnesota   Mayo Clinic; System - S&P Global Ratings’ Credit Research
Summary: Rochester, Minnesota Mayo Clinic; System
Published Jan 14, 2014
953 words — Published Jan 14, 2014
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Abstract:

Standard&Poor's Ratings Services confirmed its 'AA/A-1+' rating on Rochester, Minn.'s (Mayo Clinic) series 2000B, 2000C, and 2008B hospital variable-rate demand obligation bonds, due to the issues' bank facilities being extended to Jan. 7, 2015; Jan. 8, 2017; and Jan. 24, 2015, respectively. The long-term component of the rating is based on the rating on the obligor, Mayo Clinic. The short-term component of the rating is based on the ratings on the issues' liquidity providers: U.S. Bank National Association for series 2000B, Wells Fargo Bank N.A. for 2000C, and Northern Trust Co. (The) for 2008B. The negative outlook is based on the outlook on the obligor. USPF Criteria: Bank Liquidity Facilities, June 22, 2007

  
Brief Excerpt:

RESEARCH Summary: Rochester, Minnesota Mayo Clinic; System Publication date: 14-Jan-2014 Primary Credit Analyst: Chi W Tang, New York (1) 212-438-7989; chi.tang@standardandpoors.com Credit Profile Rochester, Minnesota Mayo Clinic,...

  
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Summary

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Global Issuers, Public Finance
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S&P Global Ratings’ Credit Research. "Summary: Rochester, Minnesota Mayo Clinic; System" Jan 14, 2014. Alacra Store. May 16, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Rochester-Minnesota-Mayo-Clinic-System-1241746>
  
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