University Of Maryland Medical System's 2017B And 2017C Bonds Rated 'A-' - S&P Global Ratings’ Credit Research

University Of Maryland Medical System's 2017B And 2017C Bonds Rated 'A-'

University Of Maryland Medical System's 2017B And 2017C Bonds Rated 'A-' - S&P Global Ratings’ Credit Research
University Of Maryland Medical System's 2017B And 2017C Bonds Rated 'A-'
Published Nov 30, 2016
4 pages (1489 words) — Published Nov 30, 2016
Price US$ 150.00  |  Buy this Report Now

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Abstract:

NEW YORK (S&P Global Ratings) Nov. 30, 2016--S&P Global Ratings assigned its 'A-' rating to the Maryland Health&Higher Education Facilities Authority's (MHHEFA) series 2017B tax-exempt and series 2017C taxable health care revenue refunding bonds, issued for University of Maryland Medical System (UMMS). In addition, S&P Global Ratings affirmed its 'A-' rating on various series of health care revenue bonds issued by MHHEFA for UMMS. The outlook on all series of debt remains positive. We also affirmed our 'AA/A-1+' and 'AA/A-1' dual ratings on MHHEFA's series 2008D and 2008E variable-rate revenue bonds, respectively, which reflects the application of our low-correlation joint criteria. The long-term components of the ratings are based jointly on bank-supported letters of credit (LOCs) and the

  
Brief Excerpt:

...NEW YORK (S&P Global Ratings) Nov. 30, 2016--S&P Global Ratings assigned its 'A-' rating to the Maryland Health & Higher Education Facilities Authority's (MHHEFA) series 2017B tax-exempt and series 2017C taxable health care revenue refunding bonds, issued for University of Maryland Medical System (UMMS). In addition, S&P Global Ratings affirmed its 'A-' rating on various series of health care revenue bonds issued by MHHEFA for UMMS. The outlook on all series of debt remains positive. We also affirmed our '##/A-1+' and '##/A-1' dual ratings on MHHEFA's series 2008D and 2008E variable-rate revenue bonds, respectively, which reflects the application of our low-correlation joint criteria. The long-term components of the ratings are based jointly on bank-supported letters of credit (LOCs) and the 'A-' underlying rating on UMMS. The short-term components of the ratings are based solely on the ratings of the LOC providers, which are: + TD Bank N.A. (A-1+) for series 2008D, and + Bank of Montreal...

  
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Ratings Action

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Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "University Of Maryland Medical System's 2017B And 2017C Bonds Rated 'A-'" Nov 30, 2016. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/University-Of-Maryland-Medical-System-s-2017B-And-2017C-Bonds-Rated-A-1764539>
  
APA:
S&P Global Ratings’ Credit Research. (). University Of Maryland Medical System's 2017B And 2017C Bonds Rated 'A-' Nov 30, 2016. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/University-Of-Maryland-Medical-System-s-2017B-And-2017C-Bonds-Rated-A-1764539>
  
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