Trinity Health, Michigan; Health Care, System; Public Finance Structured, Liquidity Facility - S&P Global Ratings’ Credit Research

Trinity Health, Michigan; Health Care, System; Public Finance Structured, Liquidity Facility

Trinity Health, Michigan; Health Care, System; Public Finance Structured, Liquidity Facility - S&P Global Ratings’ Credit Research
Trinity Health, Michigan; Health Care, System; Public Finance Structured, Liquidity Facility
Published Nov 08, 2004
2923 words — Published Nov 08, 2004
Price US$ 500.00  |  Buy this Report Now

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Abstract:

Standard&Poor's Ratings Services today assigned its 'AA-' rating to Trinity Health (TH), Mich.'s $138.65 million variable rate health system revenue and refunding bonds, series 2004A, B, D, E, and F, and affirmed its 'AA-' and 'AA-/A-1+' rating and underlying rating (SPUR) on approximately $1.6 billion of outstanding bonds issued for Trinity Health and affiliated Mercy Health Services Obligated Group, and Mercy Mt. Clemens Corp. The series 2004 bonds are expected to be insured at bond closing and, upon issuance of the applicable bond insurance policies, the ratings assigned herein will be converted to SPURs. A separate Franklin County, Ohio, $44.82 million series 2004C variable rate demand bond issue for TH is expected to sell shortly and be rated

  
Brief Excerpt:

RESEARCH Trinity Health, Michigan; Health Care, System; Public Finance Structured, Liquidity Facility Publication date: 08-Nov-2004 Credit Profile US$14.625 mil ARs var rate rev bnds (Trinity Hlth) ser 2004A dtd 11/17/2004 due 12/01/2038...

  
Report Type:

Full Report

Ticker
27822Z
Issuer
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
Format:
PDF Adobe Acrobat
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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, Michigan; Health Care, System; Public Finance Structured, Liquidity Facility" Nov 08, 2004. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Trinity-Health-Michigan-Health-Care-System-Public-Finance-Structured-Liquidity-Facility-405757>
  
APA:
S&P Global Ratings’ Credit Research. (). Trinity Health, Michigan; Health Care, System; Public Finance Structured, Liquidity Facility Nov 08, 2004. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Trinity-Health-Michigan-Health-Care-System-Public-Finance-Structured-Liquidity-Facility-405757>
  
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