S&P Lowers Massachusetts Hospital as It Readies $46M Deal

Piazza, Johanna
June 2003
Bond Buyer;6/5/2003, Vol. 344 Issue 31650, p34
Trade Publication
Jordan Hospital will hang on to an investment-grade rating for this June 2003's issuance of 46 million dollars in revenue bonds through the Massachusetts Health and Educational Facilities Authority (HEFA), despite a two-notch downgrade from Standard& Poor's Corp. The credit agency lowered the rating on Jordan Hospital's 26.64 million dollars of Series 1998D revenue bonds issued through HEFA to BBB-minus from BBB-plus. The proceeds will be used for construction of additional inpatient space and expansion of the hospital's campus in Plymouth, Massachusetts.


Related Articles

  • Little Rock Library Debt Revised by S&P.  // Bond Buyer;10/25/2004, Vol. 350 Issue 31996, p2 

    Reports on the revision of the outlook of Standard & Poor's Corp. on the library improvement and refunding bonds of Little Rock, Arkansas.

  • Good Bets: S&P Raises Three State Lotteries to AAA. Sigo, Shelly // Bond Buyer;10/10/2006, Vol. 358 Issue 32483, p42 

    The article reports on the ratings of Standard & Poor's Corp. for the lottery revenue bonds issued by Florida, Oregon and West Virginia. The bonds were rated AAA based on strong revenue growth despite ongoing competition from various gaming venues. According to reports, the upgrade affect the...

  • Stamford's Sludge Issue. Kaske, Michelle // Bond Buyer;9/18/2006, Vol. 357 Issue 32468, p33 

    The article reports that Stamford, Connecticut will issue about $19 million of water pollution control revenue bonds that will help finance a sludge-drying system and numerous infrastructure improvements. Standard & Poor's Corp. rates the deal AA-plus. The sludge-drying system will receive $15...

  • UNIT TRUSTS.  // Finance Week;3/7/2005, p64 

    The article presents a list of securities and bonds with their net asset values and credit ratings provided by rating agency Standard & Poor. Fixed interest bonds include ABSA Bond A, Allan Gray Bond A, Community Gilt, and Coris Capital Gilt.

  • Investors, Analysts Warm to a Texas Specialty: MUD Bonds. Williamson, Richard // Bond Buyer;5/25/2004, Vol. 348 Issue 31891, p30 

    Focuses on the rising interest in municipal utility district (MUD) bonds among investors and securities analysts which was demonstrated at the conference on MUD by Standard & Poor's in Dallas, Texas. Role played by MUD in suburban boom in Houston, Texas in the 1970s and 1980s; Greater number of...

  • San Marcos Upgrade. Cohen, Jackie // Bond Buyer;1/13/2006, Vol. 355 Issue 32298, p31 

    The article reports on the upgrade of the rating assigned on the bonds issued by the San Marcos, California Public Facilities Authority by Standard & Poor's Corp. Factors that contributed to the rating agency's move to revise the rating include the growth of the region's tax revenues and the...

  • Solid Huntsville Debt. Sigo, Shelly // Bond Buyer;3/3/2005, Vol. 351 Issue 32082, p31 

    The article reports that Standard & Poor's Corp. has raised its underlying rating on Huntsville's solid-waste revenue bonds one notch to A plus from A, based on improved financial operations due primarily to strong liquidity levels. The sale refunded a portion of Series 1990 bonds on behalf of...

  • S&P Raises to BBB+ City of Hope Med Ctr.  // Bond Buyer;5/19/2005, Vol. 352 Issue 32136, p2 

    The article reports that Standard & Poor's Corp. raised its underlying rating to BBB-plus from BBB on Duarte, California's outstanding tax-exempt certificates of participation (COPs), Series 1999A, and taxable COPs, Series 1999B, issued for the City of Hope Medical Center. Additionally, Standard...

  • S&P Now Applying Double Ratings To Structured Securities. Walker, Susanne // Bond Buyer;5/19/2005, Vol. 352 Issue 32136, p6 

    The article reports that Standard & Poor's Corp. is now applying two ratings to structured securities, such as housing bonds, because of a change in the way some bond insurers guarantee multi-family housing debt. That change by the bond insurers originated as a result of the U.S. Financial...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics