26, 2012, ABHOW transferred ownership of the Terraces at San Joaquin Gardens campus out of the obligated
group (OG) to a newly formed corporation to effect a campus repositioning.
46,825,000 Michigan State Hospital Finance Authority hospital revenue & revenue refunding Bonds (Mercy Health Services Obligated
Group), 1997 series S, partially MBIA insured
The Charity Obligated
Group will consist of 26 hospitals accounting for over 8,000 beds and 328,000 acute care discharges.
Any additional capital or debt related plans, while not currently expected, that may arise due to the enlarged obligated
group, may pose financial pressure, though its level of financial resources partially mitigate this concern.
1 million, associated with non- obligated
affiliates and other entities.
Credit concerns for the Maryland Obligated
Group have centered on the up-streaming of cash reserves to the parent company Asbury Communities, and the associated exposure to the Pennsylvania Obligated
Group due to the corporate structure.
Highlands County Health Facilities Authority (FL) Adventist Health System/Sunbelt Obligated
Group) hospital revenue bonds auction reset securities series 2005F;
Over the past three audit years, the obligated
group has generated operating margins of 2.
PHS has sizable operations outside the obligated
group with the obligated
group making up approximately 56% of system revenues in 2008 and 53% of assets.
group's historical pro forma maximum annual debt service coverage ratio was a sound 2.
17, requires all states to have at least 50 percent of their federal stimulus funds obligated
within 120 days of March 3 (when funding became available) and all stimulus projects obligated
within one year.
NEW YORK -- Fitch Ratings has assigned an 'A-' rating to the $20,809,000 New Jersey Economic Development Authority revenue bonds, (Presbyterian Homes & Services of New Jersey Obligated
Group) series 1998A and an underlying 'A-' rating on $42,440,000 New Jersey Economic Development Authority revenue bonds, (Presbyterian Homes & Services of New Jersey Obligated
Group) series 1998B1 and 1998B2 (taxable).