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 13, 2010
807 words — Published Jan 13, 2010
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Abstract:

Standard&Poor's Ratings Services affirmed its 'AA-/A-1+' rating on Rochester, Minn.'s (Mayo Clinic) hospitality variable-rate demand obligation series 2001B and 2008B, due to their bank facilities being extended to Jan. 21, 2011, and Jan. 29, 2011, respectively. The long-term component of the rating is based on Mayo Clinic. The short-term component of the rating is based on liquidity facility provided by The Northern Trust Company. The stable outlook is based on the outlook of the obligor. USPF Criteria: Bank Liquidity Facilities, June 22, 2007

  
Brief Excerpt:

RESEARCH Summary: Rochester, Minnesota Mayo Clinic; System Publication date: 13-Jan-2010 Primary Credit Analyst: Santos Souffront, New York (1) 212-438-2197; santos_souffront@standardandpoors.com Secondary Credit Analyst: Chi W Tang,...

  
Report Type:

Summary

Issuer
Mayo Clinic
Sector
Global Issuers, Public Finance
Country
United States
Region
United States
Format:
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S&P Global Ratings’ Credit Research. "Summary: Rochester, Minnesota Mayo Clinic; System" Jan 13, 2010. Alacra Store. May 17, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Rochester-Minnesota-Mayo-Clinic-System-768750>
  
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S&P Global Ratings’ Credit Research. (). Summary: Rochester, Minnesota Mayo Clinic; System Jan 13, 2010. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Rochester-Minnesota-Mayo-Clinic-System-768750>
  
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