• ISIN: US52601PBR82
  • Entity Name: County of Lenawee Hospital Finance Authority
  • Sector: Municipal Agency
  • Announcement Date: 15-Aug-2018
  • Effective Date: *****
  • Issue Date: *****
  • Maturity Date: 15-Nov-2023
  • 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: 52601PBR8 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:
  • Latest Corporate Actions:

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