CUSIP 52601PBP2
- ISIN: US52601PBP27
- Entity Name: County of Lenawee Hospital Finance Authority
- Sector: Municipal Agency
- Announcement Date: 14-Aug-2018
- Effective Date: *****
- Issue Date: *****
- Maturity Date: 15-Nov-2021
- Country of Issuer: United States
- Region: N.Amer
- Issue Currency: United States of America Dollars
- CA Type: Rating Downgrade
- News: S&P Global Ratings lowered its long-term rating on various ProMedica Healthcare Obligated Group, Ohio, debt obligations to `BBB` from `A+` and removed the ratings from CreditWatch with negative implications, where they were placed April 26, 2018. The outlook is stable. The rating action affects the series 2017G direct placement; 2015A taxable fixed-rate bonds; Lucas County, Ohio`s series 2015B, 2011A, 2011D, and 2008D fixed-rate tax-exempt bonds issued for the obligated group; and the Lenawee County Hospital Finance Authority, Mich.`s series 2011B and 2011E fixed-rate bonds issued for the obligated group. Our ratings reflect ProMedica Health System (ProMedica) as a whole, including the recently acquired HCR ManorCare.
- Description: Municipal Name: County of Lenawee Hospital Finance Authority CUSIP: 52601PBP2 Currency: USD County of Lenawee Hospital Finance Authority announced today that the Standard & Poor`s Rating has downgraded the ratings of the Series 2011E, Hospital Refunding Revenue Bonds from A+ to BBB.
- Bond Document: https://www.bondpdf.com/
- Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US52601PBP27
