S&P Drops Ohio's Forum Health to BBB-Minus

Carvlin, Elizabeth
January 2006
Bond Buyer;1/17/2006, Vol. 355 Issue 32299, p5
Trade Publication
The article reports on the BBB-minus rating assigned by Standard & Poor's Corp. to 121 million dollars of outstanding debt issued in Mahoning County, Ohio. The reason for the downgrade is due to losses over the past few years which have lowered the system's debt service coverage levels. The rating affects debt issued in 1997 and 2002.


Related Articles

  • VENEZUELA.  // Caribbean Update;Oct2011, Vol. 27 Issue 9, p21 

    The article reports on the move by the ratings agency Standard & Poor's Ratings Services on August 19, 2011 to reduce its long-term foreign and local currency sovereign credit ratings of Venezuela to B+ from BB-.

  • AGENCIES OPEN THEIR DOORS. Rizzo, Frank S. // Financial Executive;May/Jun92, Vol. 8 Issue 3, p30 

    The article presents the perspective of Frank S. Rizzo of Standard & Poor's Rating Group (S&P) on the increasingly open, customer-focused nature of S&P's operations. Contrary to industry practices in the mid-1970s, S&P now makes considerable efforts to educate market participants about the...

  • Rating Agencies Yet to React to Stockton, Calif., Utility Ruling. Cohen, Jackie // Bond Buyer;11/22/2006, Vol. 352 Issue 32514, p7 

    The article reports that the ruling of the court nullifying a $600 million contract for Stockton, California to outsource its water utility operations, brought no impact on the city's credit rating. A report published by Standard & Poor's Ratings Services states that the ruling would not change...

  • Lafourche Parish District Raised to A-plus by S&P.  // Bond Buyer;4/3/2008, Vol. 364 Issue 32849, p26 

    The article reports that Standard & Poor's Corp. has raised its rating on the Lafourche Parish Consolidated School District No. 1's general obligation debt to A-plus from A-minus in Louisiana. The upgrade was based on the district's ability to restore balanced operations and maintain strong...

  • Rating Agencies Moving On New Capital Models. Sclafane, Susanne // National Underwriter / P&C;6/12/2006, Vol. 110 Issue 23, p10 

    The article reports on the revision of the capital models of international rating agency, Fitch Ratings and independent credit rating Standard & Poor's in the U.S. Both Fitch's PRISM Model and Standard & Poor's capital model changes will not affect the ratings of insurers and re-insurers but...

  • COLORADO: Nice View in Boulder. Williamson, Richard // Bond Buyer;10/7/2008, Vol. 366 Issue 32977, p9 

    The article reports on the AA-minus to AA upgrade made by Standard & Poor's Corp. to Boulder County's debt in Colorado. The rating agency's move came with a $40 million issue that priced before the credit market went into deep freeze. The ratings reflect the county's very strong financial...

  • A positive downgrade?  // Caribbean Business;5/31/2007, Vol. 35 Issue 21, p24 

    The author reflects on Standard and Poor's Corp.'s (S&P) credit rating of the Puerto Rico's general obligation bonds. According to the author, S&P downgraded the credit rating of the Commonwealth's general obligation bonds. The author shares the S&P reasons for downgrading the ratings of the bonds.

  • S&P to Halt Trend Reports. Campbell, Dakin // Bond Buyer;4/8/2008, Vol. 364 Issue 32852, p1 

    The article reports on the decision of Standard & Poor's Corp. to cease publishing quarterly trend reports used to give a picture of the overall health of municipal credits in the U.S. The agency's decision was made after seeing that the aggregate upgrades and downgrades listed in the report did...

  • S&P Holding To Negative Rating Outlook Of Commercial P/C Insurers; Cites Plague Of Reserve Shortfalls.  // Insurance Advocate;5/24/2004, Vol. 115 Issue 20, p36 

    Reports on the decision of Standard & Poor's Credit Market Services to maintain its negative rating outlook on the propety/casualty sector of the commercial insurance industry in 2004. Observation that reserve shortfalls continued to plague the sector despite their strong earnings report in...

  • 40% of BTL loans could hit negative equity next year. Jones, Lee // Money Marketing;11/20/2008, p2 

    The article focuses on the forecast by Standard & Poor's Corp. (S&P) on buy-to-let (BTL) mortgages in Great Britain. The credit rating agency estimates that between 20 and 40 percent of all BTL borrowers could fall into negative equity by mid-2009. Surveillance credit analyst Kate Livesey states...


Read the Article


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

Try another library?
Sign out of this library

Other Topics