TITLE

N.J.'s St. Barnabas Health Lowered to BBB by S&P

PUB. DATE
July 2006
SOURCE
Bond Buyer;7/6/2006, Vol. 357 Issue 32417, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the downgrade of Standard & Poor's Corp.'s rating on bonds issued for Saint Barnabas Health Care System to BBB from BBB-plus. The move reflects the negative effect of a recent settlement with the U.S. Department of Justice, risk of additional lawsuits, and operational stress unrelated to the settlement. However, Saint Barnabas claimed that the settlement has no effect on its operations.
ACCESSION #
21515737

 

Related Articles

  • Nanticoke Health Downgrade. Kaske, Michelle // Bond Buyer;7/3/2006, Vol. 357 Issue 32415, p35 

    The article reports on Standard & Poor's Corp.'s downgrade of hospital and revenue refunding bonds issued for Nanticoke Health Services by the Delaware Health Facilities Authority. Rating was lowered to BBB-plus from A-minus, keeping a negative outlook on the debt. Following the downgrade,...

  • Littleton's Little Boost. Cataldo, Adam L. // Bond Buyer;7/3/2006, Vol. 357 Issue 32415, p35 

    The article reports on Standard & Poor's Corp.'s upgrade of its rating on Littleton Regional Hospital to BB-plus from BB. Based on a report issued in the last week of June 2006, the bonds could reach investment grade by the end of 2007. The upgrade affects about $24.1 million of debt and applies...

  • INDIANA: Vigo Bonds Boosted. Devitt, Caitlin // Bond Buyer;11/14/2007, Vol. 362 Issue 32754, p9 

    The article reports on the decision of credit ratings provider Standard & Poor's Corp. to upgrade the underlying ratings for Vigo County and the Vigo County Building Corp. in Indiana from A-minus to A as the agency prepares to sell lease rental bonds in November 2007. Nearly $3.1 million of the...

  • OhioHealth Outlook Change. Carvlin, Elizabeth // Bond Buyer;5/3/2006, Vol. 356 Issue 32373, p35 

    The article reports on the assessment of the Standard & Poor's Securities Inc. on May 1, 2006, which changed from stable to positive from bonds issued through Franklin County, Ohio on behalf of OhioHealth Corp. According to Standard & Poor's credit analyst Brian Williamson, the hospital system's...

  • Nevada Scores Its 3d AA-Plus. Cohen, Jackie // Bond Buyer;6/26/2006, Vol. 356 Issue 32410, p1 

    The article reports that Standard & Poor's Corp. has upgraded Nevada's general obligation bond rating to AA-plus from AA. The rating action affects outstanding debt of the state. The upgrade reflects the state's gradual diversification of tax revenues beyond the taxes paid by casinos along the...

  • Michigan's GO Outlook Negative. Carvlin, Elizabeth // Bond Buyer;8/11/2006, Vol. 358 Issue 32443, p1 

    The article reports on the economic forecast by Standard & Poor's Corp. on the outstanding general obligation debt of Michigan. For the week ended August 11, 2006, the credit rating agency changed its outlook on the state's debt to negative from stable, citing the repeal of the single business...

  • Imlay City Increase. Carvlin, Elizabeth // Bond Buyer;4/14/2004, Vol. 348 Issue 31862, p33 

    Focuses on the improvement of rating on the limited tax general obligation debt for Imlay City, Michigan to BBB from BBB-minus according to Standard & Poor's Corp.

  • SOUTHEAST Bond-Watch. Sigo, Shelly; DeSue, Tedra; Vadum, Matthew; Newman, Emily // Bond Buyer;5/27/2004, Vol. 348 Issue 31893, p37 

    Reports on developments in bonds in the Southeast U.S. as of May 27, 2004. Standard & Poor's downgrading of Sun Coast Hospital of outstanding debt issued by the city of Largo, Florida to BB from BB-plus; Moody's Investors Service's affirmation of its A3 rating on outstanding variable-rate bonds...

  • MWAA Gets A-Plus, Stable Outlook From S&P After $112M Refunding. Sanchez, Humberto // Bond Buyer;7/13/2004, Vol. 349 Issue 31924, p5 

    Reports that Standard & Poor's Corp. has assigned an A-plus rating with a stable outlook to the multimillion-dollar refunding bonds sold by the Metropolitan Washington Airports Authority in the U.S. Reference to the ratings assigned by Fitch Ratings; Use of the proceeds; Statement of Lynn...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sign out of this library

Other Topics