Summary: Thomas Jefferson University, Pennsylvania Pennsylvania Higher Educational Facilities Authority; Joint Criteria - S&P Global Ratings’ Credit Research

Summary: Thomas Jefferson University, Pennsylvania Pennsylvania Higher Educational Facilities Authority; Joint Criteria

Summary: Thomas Jefferson University, Pennsylvania Pennsylvania Higher Educational Facilities Authority; Joint Criteria - S&P Global Ratings’ Credit Research
Summary: Thomas Jefferson University, Pennsylvania Pennsylvania Higher Educational Facilities Authority; Joint Criteria
Published Nov 05, 2024
6 pages (2513 words) — Published Nov 05, 2024
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings assigned its 'AA+/A-1' rating to the Pennsylvania Higher Educational Facilities Authority's $125.335 million series 2024D-1 bonds issued for Thomas Jefferson University (TJU). S&P Global Ratings assigned its 'AA/A-1' rating to the authority's $100 million series 2024D-2, $100 million series 2024D-3, and $100 million series 2024D-4 bonds, also issued for TJU. In addition, S&P Global Ratings assigned its 'A' underlying rating (SPUR) related to the joint criteria application on the series 2024D bonds. The outlook on the SPURs is stable. Securing the series 2024 bonds is a joint and several general obligation and a pledge of gross revenue from the system's two legacy obligated groups. The Jefferson Health Plan and employed physician groups are designated affiliates and part

  
Brief Excerpt:

...+ S&P Global Ratings assigned its '##+/A-1' rating to the Pennsylvania Higher Educational Facilities Authority's $125.335 million series 2024D-1 bonds issued for Thomas Jefferson University (TJU). + S&P Global Ratings assigned its '##/A-1' rating to the authority's $100 million series 2024D-2, $100 million series 2024D-3, and $100 million series 2024D-4 bonds, also issued for TJU. + In addition, S&P Global Ratings assigned its 'A' underlying rating (SPUR) related to the joint criteria application on the series 2024D bonds. + The outlook on the SPURs is stable....

  
Report Type:

Summary

Issuer
Thomas Jefferson University
Sector
Global Issuers, Public Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Summary: Thomas Jefferson University, Pennsylvania Pennsylvania Higher Educational Facilities Authority; Joint Criteria" Nov 05, 2024. Alacra Store. May 24, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Thomas-Jefferson-University-Pennsylvania-Pennsylvania-Higher-Educational-Facilities-Authority-Joint-Criteria-3283670>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Thomas Jefferson University, Pennsylvania Pennsylvania Higher Educational Facilities Authority; Joint Criteria Nov 05, 2024. New York, NY: Alacra Store. Retrieved May 24, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Thomas-Jefferson-University-Pennsylvania-Pennsylvania-Higher-Educational-Facilities-Authority-Joint-Criteria-3283670>
  
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