S&P rates Houston Methodist Hospital’s bonds

S&P has assigned an “AA” long-term rating to $300 million of fixed rate series 2015 hospital revenue bonds issued on behalf of Methodist Hospital, which does business as Houston Methodist Hospital.

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The rating “reflects our view of such factors as Methodist’s very strong business position, successful past expansions, remarkably high operational liquidity and very strong cash flow,” said Kevin Holloran, an S&P credit analyst.

The bond proceeds will be used to help fund various capital projects.

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