Home Credit Ratings and Research S&P Global Ratings’ Credit Research California Hlth Facs Fincg Auth

Sutter Hlth Rev Bnds Rated 'A+' by S&P;Outlk Stable

Published Jul 29, 1997

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Abstract:

NY -- Standard&Poor's CreditWire 7/29/97 -- Standard&Poor's today has assigned its single-'A'-plus rating to California Health Facilities Financing Authority's (CHFFA) $39.39 million revenue bonds series 1997A due Aug. 15, 2027, issued for Sutter Health Obligated Group (formerly Sutter/CHS Health System). Also, Standard&Poor's has assigned its single-'A'-plus rating to Modesto, Calif.'s $30 million revenue bonds series 1997B due June 1, 2027, issued for Sutter Health (Memorial Hospital Association). The outstanding single-'A'-plus rating on debt issued by CHFFA and by California Statewide Community Development Authority for the obligated group has been affirmed. The rating is based on Sutter Health's strong market position, very good balance sheet, and good financial performance. Bond insurance is expected on this

Report Type:

Ratings Action

Issuer

California Hlth Facs Fincg Auth

Sector

Global Issuers, Public Finance

Country

United States

Region

United States

Format:

HTML

S&P Rts CA Hlth Fc Fn Ath/Downey Commty Hosp Bnds A- – 1997/08/25 – US$ 150.00

CA Hlth Fac Fin Auth/Sutter Hlth Bnds Rtd A+ by S&P – 1997/09/18 – US$ 150.00

S&P Rts CA Hlth Fc Fn Ath/El Proyecto Del Barrio Bnds – 1997/12/04 – US$ 150.00

Summary: California Hlth Fac Fin Auth; Revenue - Health Care, California Insured Hospital – 1997/12/15 – US$ 225.00

Summary: California Hlth Fac Fin Auth, CA; Revenue - Health Care, California Insured Hospital – 1994/11/19 – US$ 225.00

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MLA:	S&P Global Ratings’ Credit Research. "Sutter Hlth Rev Bnds Rated 'A+' by S&P;Outlk Stable" Jul 29, 1997. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Sutter-Hlth-Rev-Bnds-Rated-A-by-S-P-Outlk-Stable-8140>

APA:	S&P Global Ratings’ Credit Research. (). Sutter Hlth Rev Bnds Rated 'A+' by S&P;Outlk Stable Jul 29, 1997. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Sutter-Hlth-Rev-Bnds-Rated-A-by-S-P-Outlk-Stable-8140>

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