Trinity Health Credit Group, MI Bond Rating Revised To 'AA-' From 'AA-/A-1+' On Conversion To Fixed Rate From Variable - S&P Global Ratings’ Credit Research

Trinity Health Credit Group, MI Bond Rating Revised To 'AA-' From 'AA-/A-1+' On Conversion To Fixed Rate From Variable

Trinity Health Credit Group, MI Bond Rating Revised To 'AA-' From 'AA-/A-1+' On Conversion To Fixed Rate From Variable - S&P Global Ratings’ Credit Research
Trinity Health Credit Group, MI Bond Rating Revised To 'AA-' From 'AA-/A-1+' On Conversion To Fixed Rate From Variable
Published Jan 09, 2018
3 pages (1151 words) — Published Jan 09, 2018
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (S&P Global Ratings) Jan. 9, 2018--S&P Global Ratings revised its ratings on Michigan State Hospital Finance Authority's series 2008C bonds and St. Mary Hospital Authority's series 2012B bonds issued for the Trinity Health Credit Group to 'AA-' from 'AA-/A-1+'. "The revised ratings reflect the conversion to fixed rate from variable rate for the series 2008C bonds on Dec. 28, 2017, and the series 2012B bonds on Jan. 9, 2018," said S&P Global Ratings credit analyst Cynthia Keller. At the same time we withdrew our rating on Trinity Health Credit Group's series 2017 taxable bonds as the issue did not sell. For more information please see the report published Nov. 29, 2017 on RatingsDirect. RELATED RESEARCH Glossary: Not-For-Profit Health

  
Brief Excerpt:

...Primary Credit Analyst: Cynthia S Keller, New York (1) 212-438-2035; cynthia.keller@spglobal.com Secondary Contact: Brian T Williamson, Chicago (1) 312-233-7009; brian.williamson@spglobal.com...

  
Report Type:

Ratings Action

Ticker
27822Z
Issuer
Trinity Health Credit Group
Sector
Global Issuers, Public Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
Buy Now

More from S&P Global Ratings’ Credit Research

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.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Trinity Health Credit Group, MI Bond Rating Revised To 'AA-' From 'AA-/A-1+' On Conversion To Fixed Rate From Variable" Jan 09, 2018. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Trinity-Health-Credit-Group-MI-Bond-Rating-Revised-To-AA-From-AA-A-1-On-Conversion-To-Fixed-Rate-From-Variable-1978837>
  
APA:
S&P Global Ratings’ Credit Research. (). Trinity Health Credit Group, MI Bond Rating Revised To 'AA-' From 'AA-/A-1+' On Conversion To Fixed Rate From Variable Jan 09, 2018. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Trinity-Health-Credit-Group-MI-Bond-Rating-Revised-To-AA-From-AA-A-1-On-Conversion-To-Fixed-Rate-From-Variable-1978837>
  
US$ 150.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.