TITLE

S&P Formally Withdraws BBB-Minus Rating From Victory Health Services

AUTHOR(S)
Shields, Yvette
PUB. DATE
July 2006
SOURCE
Bond Buyer;7/14/2006, Vol. 357 Issue 32423, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on Standard & Poor's Corp.'s withdrawal of its BBB-minus rating on Victoria Health Services debt after the system's defeasance of its 40 million dollars of debt after closing on the sale of its two nonprofit hospitals in Chicago, Illinois. Vista Health owns Victory Health Services.
ACCESSION #
21657492

 

Related Articles

  • AN EXAMINATION OF RATING AGENCY EXPLANATIONS FOR CREDIT RATING CHANGES IN THE HOSPITAL SECTOR. Danvers, Kreag // Journal of Public Budgeting, Accounting & Financial Management;Summer2003, Vol. 15 Issue 2, p176 

    Presents a study that examined the explanations of the rating agency Standard & Poor's in credit rating changes for nonprofit hospital revenue bonds in the U.S. Background on credit-related information for non-profit hospitals; Methodology; Relevance of short-term and long-term measures in...

  • Report Highlights Importance of Management in Hospital Ratings. O'Brien, Elizabeth // Bond Buyer;8/23/2005, Vol. 353 Issue 32202, p32 

    Reports that the quality of a nonprofit hospital's management team can be a decisive factor in the hospital's rating, according to Moody's Investors Service. Analysts' prediction of an equal number of upgrades and downgrades in the sector for the remainder of the year; Average rating of U.S....

  • Fitch hospital downgrades. McDonald, Michael // Bond Buyer;11/09/99, Vol. 330 Issue 30765, p7 

    Focuses on rating downgrades in the not-for-profit health care sector in the United States, for the quarter ended October 31, 1999.

  • Moody's warns of risks in two major markets.  // AHA News;06/16/97, Vol. 33 Issue 23, p6 

    Reports on the findings of Moody's Investor Services regarding the risks of lower bond ratings faced by the not-for-profit hospitals in Philadelphia and Pittsburgh. Two companies controlling 80 percent of the market in Philadelphia; Comparison of managed care penetration between Philadelphia...

  • Rating Agencies: LIPA Ruling Not Likely to Affect Credits. McKaig, Ryan // Bond Buyer;12/13/2000, Vol. 334 Issue 31036, p3 

    Reports on the effects of the ruling striking down an agreement in which Suffolk County, New York ratepayers would repay the Long Island Power Authority (LIPA) up to 625 million dollars in excess taxes collected from LIPA. Expected changes in the ratings on the bonds or the communities.

  • Groton, Conn., Gos Raised by Moody's.  // Bond Buyer;12/19/2000, Vol. 334 Issue 31040, p2 

    No abstract available.

  • Rhode Island Mayor Fires Back at Moody's Over City's Downgrade to Junk Status. Peacock, Wayne // Bond Buyer;01/03/2001, Vol. 335 Issue 31049, p6 

    No abstract available.

  • Airport Debt Elevates. Watts, Jim // Bond Buyer;6/27/2006, Vol. 356 Issue 32411, p31 

    The article reports that Moody Investors Services Inc. has upgraded the Series 1994, 1998, 2002A and 2002B senior airport revenue bonds of the Phoenix Sky Harbor International Airport to Aa3 from S2 as well as the Series 2002 junior lien bonds to A1 from A2. The changes in credit ratings were...

  • Project Finance Ratings Staged Dramatic Rise in 2001. McDonald, Michael // Bond Buyer;2/19/2002, Vol. 339 Issue 31327, p64 

    Focuses on ratings given by various rating agencies to publicly sold bonds and privately placed debt in the United States, as of February 19, 2002. Reasons behind decline in credit ratings by Moody's Investors Service Inc.; Growth registered in project finance ratings; Factors that led bond...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

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

Try another library?
Sign out of this library

Other Topics