County of Lenawee Hospital Finance Authority
CUSIP 52601PBR8
- Issue Currency: United States of America Dollars
- Announcement Date: 15-Aug-2018
- 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.
- Issue Currency: United States of America Dollars
- Announcement Date: 14-Aug-2018
- 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.
- Issue Currency: United States of America Dollars
- Announcement Date: 14-Aug-2018
- 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.
