Trinity Health, MI Bonds Raised To 'AA' On Very Strong Financials - S&P Global Ratings’ Credit Research

Trinity Health, MI Bonds Raised To 'AA' On Very Strong Financials

Trinity Health, MI Bonds Raised To 'AA' On Very Strong Financials - S&P Global Ratings’ Credit Research
Trinity Health, MI Bonds Raised To 'AA' On Very Strong Financials
Published Dec 14, 2007
Published Dec 14, 2007
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Abstract:

NEW YORK (Standard&Poor's) Dec. 14, 2007--Standard&Poor's Ratings Services raised its standard long-term rating and underlying rating (SPUR) on Trinity Health, Mich.'s various series bonds, issued by various issuers, to 'AA' from 'AA-', and where applicable to 'AA/A-1+' from 'AA-/A-1+'. The rating upgrade reflects Trinity Health's sound governance and management, rising patient utilization trend, and very strong financial performance and debt service coverage. In addition, Standard&Poor's assigned its 'A-1+' rating to Trinity Health's $150 million taxable commercial paper program that is authorized in the amount of $400 million. The rating outlook is stable. "We expect that Trinity Health's patient utilization, financial performance, and balance sheet strength will remain strong and show continued improvement over the

  
Report Type:

Ratings Action

Ticker
27822Z
Issuer
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
Format:
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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. "Trinity Health, MI Bonds Raised To 'AA' On Very Strong Financials" Dec 14, 2007. Alacra Store. May 12, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Trinity-Health-MI-Bonds-Raised-To-AA-On-Very-Strong-Financials-619996>
  
APA:
S&P Global Ratings’ Credit Research. (). Trinity Health, MI Bonds Raised To 'AA' On Very Strong Financials Dec 14, 2007. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Trinity-Health-MI-Bonds-Raised-To-AA-On-Very-Strong-Financials-619996>
  
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