CUSIP 16639EAX2


  • ISIN: US16639EAX22
  • Entity Name: Economic Development Authority of the County of Chesterfield
  • Sector: Municipal Agency
  • Announcement Date: 21-Nov-2018
  • Effective Date: *****
  • Issue Date: *****
  • Maturity Date: 01-Nov-2032
  • Country of Issuer: United States
  • Region: N.Amer
  • Issue Currency: United States of America Dollars
  • CA Type: Rating Upgrade
  • News: S&P Global Ratings raised its long-term rating and underlying rating (SPUR) to `A+` from `A` on bonds issued by various issuers for Bon Secours Health System Inc. (Bon Secours), Md. ""The upgrade reflects the Sept. 1 combination of Bon Secours and Mercy Health, Ohio (A+/Stable) to form Bon Secours Mercy Health (BSMH),"" said S&P Global Ratings credit analyst Cynthia Keller. S&P Global Ratings also assigned its `A+` long-term rating to $300 million taxable fixed-rate series 2018A bonds and its `A-1` short-term rating to $100 million series 2018A and 2018B taxable commercial paper notes, all issued by Mercy Health. At the same time, we affirmed our `A+` long-term rating and underlying rating (SPUR) on fixed-rate long-term bonds and floating-rate notes issued for Mercy Health by various issuers. In addition, we affirmed our `A+/A-1` rating on Mercy Health`s $100 million series 2012B bonds backed by self-liquidity. We also affirmed our `AA+/A-1` rating on the series 2010C bonds whereby the long-term component of the rating is based on both Mercy Health and the letter of credit (LOC) provider (Union Bank; expiring July 2019) and the short-term rating is based solely on the short-term rating of the LOC provider.
  • Description: Municipal Name: Economic Development Authority of the County of Chesterfield CUSIP: 16639EAX2 Currency: USD Economic Development Authority of the County of Chesterfield announced today that the Standard & Poor s Ratings has upgraded the long-term and underlying ratings of the Series 2008C-2, Revenue Bonds from A to A+.
  • Bond Document: https://www.bondpdf.com/
  • Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US16639EAX22

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