S&P rates MultiCare Health, Wash., bonds AAA/A-1+

Standard & Poor's said it assigned AAA/A-1+ ratings to MultiCare Health System, Wash.'s $100 million series 2008A and 2008B hospital revenue bonds, which were issued through the Washington Health Care Facilities Authority.

The outlook is stable.

The agency said the AAA long-term rating is based on a bond insurance policy provided by Assured Guaranty, and the A-1+ short-term rating is based on standby bond purchase agreements provided by Wells Fargo Bank.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.