S&P assigns ‘AA+’ rating to OhioHealth’s bonds

S&P Global Ratings assigned its “AA+” long-term rating to Columbus-based OhioHealth’s $125 million series 2018A and $50 million series 2018B. Concurrently, S&P assigned its “AA+/A-1+” dual rating to the health system’s $37.5 million series 2018C and $37.5 million series 2018D.

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Alia Paavola

In addition, S&P affirmed its “AA+” longterm rating on the health system’s outstanding debt.

“The ‘AA+’ rating reflects our view of OhioHealth’s ability to consistently produce extremely strong financial performance,” said S&P credit analyst Brian Williamson.

The outlook is stable, reflecting OhioHealth’s strong market share.

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