Summary: Trinity Health, Michigan; CP; System - S&P Global Ratings’ Credit Research

Summary: Trinity Health, Michigan; CP; System

Summary: Trinity Health, Michigan; CP; System - S&P Global Ratings’ Credit Research
Summary: Trinity Health, Michigan; CP; System
Published Jun 15, 2010
1669 words — Published Jun 15, 2010
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Abstract:

Standard&Poor's Ratings Services affirmed its 'AA' long-term rating and 'AA/A-1+' dual rating on various series of debt issued by various parties for Trinity Health, headquartered in Novi, Mich. The 'AA' long-term rating on Trinity Health reflects its credit strength as one of the largest health systems in the U.S.; it owns and operates hospitals and related health facilities coast to coast. In 2009 (audited financials through June 30, 2009), Trinity Health had 6,007 staffed beds in related acute-care facilities, generating operating revenue of $6.7 billion, with a total asset base of $8.6 billion. The 'A-1+' short-term rating reflects the credit strengths inherent in the 'AA' long-term rating, as well as the sufficiency of Trinity Health's assets in providing

  
Brief Excerpt:

RESEARCH Summary: Trinity Health, Michigan; CP; System Publication date: 15-Jun-2010 Primary Credit Analyst: Kevin Holloran, Dallas (1) 214-871-1412; kevin_holloran@standardandpoors.com Secondary Credit Analyst: Martin D Arrick, New...

  
Report Type:

Summary

Ticker
27822Z
Issuer
Sector
Global Issuers, Public Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Trinity Health, Michigan; CP; System" Jun 15, 2010. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Trinity-Health-Michigan-CP-System-804286>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Trinity Health, Michigan; CP; System Jun 15, 2010. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Trinity-Health-Michigan-CP-System-804286>
  
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