S&P rates Allina Health System's bonds

Standard & Poor's has assigned an "AA-" long-term rating to Minneapolis-based Allina Health System's series 2015 revenue bonds.

"The 'AA-' rating reflects our view of Allina Health's leading market position in a competitive service area, its solid pro forma debt service coverage and low pro forma levels," said S&P credit analyst Suzie Desai.

The outlook is stable, reflecting S&P's anticipation that Allina Health will maintain its leading business position in the service area and continue to generate coverage consistent with recent years while making improvements to the balance sheet.

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