S&P places MetroHealth System's 'A-' bonds on CreditWatch

S&P Global Ratings placed the "A-" long-term rating on Cleveland-based MetroHealth System's series 2009B taxable hospital revenue bonds on CreditWatch with negative implications.

"The CreditWatch placement reflects our view of the potential for additional debt and related project risk in the near future, with additional details becoming available within 90 days," said S&P analyst Suzie Desai.

More articles on healthcare finance:
19 recent hospital outlook and credit rating actions
S&P revises University Medical Center of El Paso's outlook to negative
S&P revises Good Shepherd Health System's rating to 'A' on bonds

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.


Top 40 Articles from the Past 6 Months