Summary: Trinity Health Credit Group, Michigan; CP; System

Standard&Poor's Ratings Services assigned its 'AA-' long-term rating to the following series of debt issued for the Trinity Health Credit Group (Trinity), Mich.: the Idaho Health Facilities Authority's $22.97 million series 2016 revenue bonds; Montgomery County, Md.'s $44.305 million series 2016 Maryland revenue bonds; the Michigan Finance Authority's $258.105 million series 2016 Michigan revenue and refunding bonds; and the Connecticut Health and Educational Facilities Authority's $227.84 million revenue bonds. In addition, Standard&Poor's affirmed its 'AA-' long-term rating and 'AA-/A-1+' dual rating (where applicable) on existing debt issued for Trinity. The outlook is stable. The 'A-1+' short-term component of the dual ratings reflects our view of the credit strengths inherent in the 'AA-' long-term rating, as well

...Standard & Poor's Ratings Services assigned its '##-' long-term rating to the following series of debt issued for the Trinity Health Credit Group (Trinity), Mich.: the Idaho Health Facilities Authority's $22.97 million series 2016 revenue bonds; Montgomery County, Md.'s $44.305 million series 2016 Maryland revenue bonds; the Michigan Finance Authority's $258.105 million series 2016 Michigan revenue and refunding bonds; and the Connecticut Health and Educational Facilities Authority's $227.84 million revenue bonds. In addition, Standard & Poor's affirmed its '##-' long-term rating and '##-/A-1+' dual rating (where applicable) on existing debt issued for Trinity. The outlook is stable. The 'A-1+' short-term component of the dual ratings reflects our view of the credit strengths inherent in the '##-' long-term rating, as well as our view that Trinity's assets provide sufficient self-liquidity support for its variable-rate debt. Trinity has clear and detailed procedures to meet any liquidity...

Summary