CUSIP 574218XM0


  • ISIN: US574218XM09
  • Entity Name: Maryland Health and Higher Educational Facilities Authority
  • Sector: Municipal Agency
  • Announcement Date: 01-Jun-2018
  • Effective Date: *****
  • Issue Date: 09-Jul-2015
  • Maturity Date: 01-Jul-2024
  • Country of Issuer: United States
  • Region: N.Amer
  • Issue Currency: United States of America Dollars
  • CA Type: Rating Upgrade
  • News: Fitch Ratings has upgraded the rating on the outstanding series 2015 revenue bonds issued on behalf of Meritus Medical Center (Meritus) by the Maryland Health & Higher Educational Facilities Authority (MD) to `BBB+` from `BBB`. Fitch has also assigned Meritus an Issuer Default Rating (IDR) of `BBB+`. The Rating Outlook is revised to Positive from Stable. SECURITY The bonds are secured by mortgage and gross receipts pledge. ANALYTICAL CONCLUSION The `BBB+` IDR is based on Meritus` stable financial profile as demonstrated by its leverage relative to liquidity through the cycle in Fitch`s rating case. The rating upgrade to `BBB+` from `BBB` is driven by Meritus` strong financial profile assessment under the "U.S. Not-forProfit Hospitals and Health Systems Rating Criteria" published on Jan. 9, 2018, which places a heightened emphasis on Meritus` manageable leverage through the cycle in Fitch`s rating case. For Bond Document please visit www.BondPDF.com
  • Description: Municipal Name: Maryland Health and Higher Educational Facilities Authority CUSIP: 574218XM0 Currency: USD Maryland Health and Higher Educational Facilities Authority announced today that the Fitch Ratings has upgraded the ratings of the Series 2015, Revenue Bonds from BBB to BBB+.
  • Bond Document: https://www.bondpdf.com/bonds/7bdb82bc
  • Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US574218XM09

Data Unleashed

All of the Municipal Disclosure provided on MuniAlerts are sourced from FactEntry.


This website can be best viewed in all latest versions of Google Chrome or Firefox.
© FactEntry 2022