Valley View Hospital, CO Refunding Revenue Bond Ratings Raised To ?A? From ?A-? On Improved Performance, Cash Flows - S&P Global Ratings’ Credit Research

Valley View Hospital, CO Refunding Revenue Bond Ratings Raised To ?A? From ?A-? On Improved Performance, Cash Flows

Valley View Hospital, CO Refunding Revenue Bond Ratings Raised To ?A? From ?A-? On Improved Performance, Cash Flows - S&P Global Ratings’ Credit Research
Valley View Hospital, CO Refunding Revenue Bond Ratings Raised To ?A? From ?A-? On Improved Performance, Cash Flows
Published Nov 22, 2021
3 pages (1595 words) — Published Nov 22, 2021
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

CENTENNIAL (S&P Global Ratings) Nov. 22, 2021--S&P Global Ratings raised its long-term rating to 'A' from 'A-' on the Colorado Health Facilities Authority's series 2018 refunding revenue bonds and series 2015 and 2017 hospital revenue bonds, issued for Valley View Hospital (VVH). The outlook is stable. Gross revenue of the hospital secures the bonds. For only the 2015 bonds, a mortgage on the main hospital facility also secures the bonds. "The upgrade reflects our view of VVH's favorable operating performance and strong cash flows, which have led to balance sheet accretion," said S&P Global Ratings credit analyst Alexander Nolan. "The hospital's operating performance in the interim period has rebounded to historically robust levels and resulted in operating gains well above

  
Report Type:

Ratings Action

Issuer
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
Format:
PDF Adobe Acrobat
Buy Now

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. "Valley View Hospital, CO Refunding Revenue Bond Ratings Raised To ?A? From ?A-? On Improved Performance, Cash Flows" Nov 22, 2021. Alacra Store. May 09, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Valley-View-Hospital-CO-Refunding-Revenue-Bond-Ratings-Raised-To-A-From-A-On-Improved-Performance-Cash-Flows-2760289>
  
APA:
S&P Global Ratings’ Credit Research. (). Valley View Hospital, CO Refunding Revenue Bond Ratings Raised To ?A? From ?A-? On Improved Performance, Cash Flows Nov 22, 2021. New York, NY: Alacra Store. Retrieved May 09, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Valley-View-Hospital-CO-Refunding-Revenue-Bond-Ratings-Raised-To-A-From-A-On-Improved-Performance-Cash-Flows-2760289>
  
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 Residential Mortgage-Backed Securities from one place.