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

  • S & P Downgrades Maine GOs to AA. D'Ambrosio, Jill // Bond Buyer;5/28/2004, Vol. 348 Issue 31894, p4 

    Reports on the negative ratings issued by the United States-based financial rating firm, Standard & Poor's Corp., on the general obligation bond of Maine. State's weak liquidity position; Plan of the state to sell annual general obligation bond; Anticipation for the Fitch Ratings decision on the...

  • Brandywine Heights Area School District, Pa., Raised to AA-Minus by S&P.  // Bond Buyer;4/30/2014, Vol. 123 Issue 34101, p1 

    The article reports that the bond ratings firm Standard & Poor's Ratings Services has raised its rating and school issuer credit rating on Brandywine Heights Area School District, Pennsylvania's insured series 2011B and 2011A limited tax general obligation bonds one notch to AA-minus from A-plus...

  • Newport News, Va., Raised to AA-Plus by S&P.  // Bond Buyer;4/30/2014, Vol. 123 Issue 34101, p1 

    The article reports that the bond ratings firm Standard & Poor's Ratings Services has raised its underlying rating on Newport News, Virginia's appropriation-backed obligations to AA from AA-minus and general obligation bonds outstanding one notch to AA-plus from AA as of April 2014. It mentions...

  • Keyes Union School District, Calif., Upgraded to A by S&P.  // Bond Buyer;10/22/2014, Vol. 1 Issue 34198, p1 

    Standard & Poor's Ratings Services said it raised its rating on Keyes Union School District, Calif.'s general obligation bonds to A from A-minus.

  • HAWAII: Quake Doesn't Faze Raters. Cohen, Jackie // Bond Buyer;10/20/2006, Vol. 358 Issue 32491, p37 

    The article reports on the speculations on the impact of the 6.6 magnitude earthquake towards the assignment of ratings by Standard & Poor's Corp. on municipal bond issuers of Hawaii. According to Robert Williams, their is no significant change of ratings for the electric utilities since it is...

  • Municipals Firm, Governments Lower; Jacksonville, Fla., Utilities Sell $115M. Chesla, Nicholas; Johnson, Anastasija // Bond Buyer;7/21/2003, Vol. 345 Issue 31681, p2 

    Reports on the performance of financial markets of the U.S. on July 18, 2003. Revelation that municipal bonds showed little change on July 18, 2003; Lower value of government securities on that day; Percentage increase in University of Michigan consumer sentiment index; Ratings given to...

  • District Gets Boost. DeSue, Tedra // Bond Buyer;2/9/2006, Vol. 355 Issue 32316, p31 

    The article reports on the revision of the rating of the bond issued by the Plaquemine Parish Law Enforcement by Standard & Poor's Corp. The rating agency claimed that the issuer did not suffer excessive damage to its tax base from Hurricane Katrina. The upgrade is in response to the plan of the...

  • S&P Affirms A-Plus Rating, Negative Outlook of Ohio's Buckeye Power. Carvlin, Elizabeth // Bond Buyer;7/26/2004, Vol. 349 Issue 31933, p7 

    Reports on the negative outlook rating of Standard & Poor's Corp. on Buckeye Power Inc., a cooperative in Ohio. Profile of the company; Information on bonds issued by the cooperative; Reasons for the negative outlook.

  • HIBI Lowered To BB+ by S&P.  // Bond Buyer;08/15/2000, Vol. 333 Issue 30954, p2 

    Reports that Standard & Poor's Corp. has announced that it cut the rating on bonds issued under the Health Industry Bond Insurance program in the United States to BB-plus from A-plus and put them on CreditWatch with negative implications.

  • Corona, Calif., Raised by S&P.  // Bond Buyer;09/25/2000, Vol. 333 Issue 30982, p2 

    Reports that Standard & Poor's Corp. has raised its rating on outstanding general obligation bonds issued by Corona, California.


Read the Article


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

Try another library?
Sign out of this library

Other Topics