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.
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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