CUSIP 84129NGT0

• ISIN: US84129NGT00
• Entity Name: General Authority of South Central Pennsylvania
• Sector: Municipal Agency
• Announcement Date: 19-Apr-2018
• Effective Date: *****
• Issue Date: *****
• Maturity Date: 01-Dec-2024
• 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 rating to `A+` from `BBB` on Southcentral Pennsylvania General Authority, Pa.`s series 2013 and 2015 revenue bonds issued for Hanover Hospital. The outlook is stable. The University of Pittsburgh Medical Center ( UPMC) acquired Hanover Hospital as part of its July 28, 2017, acquisition of Pinnacle Health System (Pinnacle Health System had previously acquired Hanover Hospital on July 21, 2017). ""The upgrade reflects UPMC`s assumption, on March 9, 2018, of Hanover Hospital`s debt under the UPMC master trust indenture on parity with outstanding debt,"" said S&P Global Ratings credit analyst Cynthia Keller.
• Description: Municipal Name: General Authority of South Central Pennsylvania CUSIP: 84129NGT0 Currency: USD General Authority of South Central Pennsylvania announced today that the Standard & Poor`s Rating has upgraded the ratings of the Series 2013, Hospital Revenue Bonds from BBB to A+.
• Bond Document: https://www.bondpdf.com/
• Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US84129NGT00