Healthcare industry

San Diego-based Palomar Health is set to issue more than $400 million of refunding bonds in the next two weeks, split between investment-grade general obligation debt and junk-rated revenue bonds.

Northwestern Memorial Healthcare and University of Chicago Medical Center are planning deals totaling about $425 million following Illinois Finance Authority approval.

Rochester, Minn.-based Mayo Clinic returns to the market Wednesday to take advantage of low interest rates to shed some of its floating-rate exposure.

Detroit-based Henry Ford Health System, one of the largest healthcare systems in Southeast Michigan, hits the market with an $821 million refunding next week sporting an upgrade from one rating agency and a positive outlook shift from another.

Two large bond offerings from Providence St. Joseph Health, the result of a merger between two major West Coast healthcare providers, epitomize the continuing trend of consolidation in the not-for-profit healthcare sector.

Caught up in a dispute between county tax appraisers and the bankrupt owner of a nuclear power plant, a tax-supported hospital district in Glen Rose, Texas, has defaulted on its debt payment, according to a disclosure notice.

New Hampshire's Dartmouth-Hitchcock Obligated Group received a one notch downgrade from one rating agency while another placed it on watch with negative implications.

Southwest Ohio’s largest healthcare provider capitalized on the low interest rate environment last week to save on the debt of four hospitals it now operates as one obligated group.

Fifty years ago, Rhode Island Health and Educational Building Corp. issued a $1.6 million bond for a now-defunct biblical school. Since then it has handled roughly $7.4 billion in debt.

South Florida can expect Zika-related travel advisories to hurt tourism and related tax revenues, S&P Global Ratings said. The only question is by how much.

Eight years after the housing market collapse, the senior housing sector is growing with the help of near record-low interest rates that have prompted a rush to market.

Los Angeles County has given the greenlight to a public-private project for a $270 million office building for its Department of Mental Health anchored by tax-exempt bonds.

Providence Health & Services took a one-notch downgrade from Fitch Ratings, ahead of a planned &803 million revenue bond deal for Providence St. Joseph Health.

Ziegler, the oldest healthcare focused investment bank in the country, is becoming one of the biggest players in the specialty as well.

A CDC warning advising pregnant women against traveling to a south Florida neighborhood because of Zika is a negative credit factor for both Miami and Miami-Dade County, said Moody's Investors Service.

Vanderbilt University in Nashville, Tenn.’s bond outlook is positive and could lead to a rating upgrade because of its financial separation from Vanderbilt Medical Center, S&P Global Ratings said.

The University of Texas System will bring its triple-A credit to two bond deals worth a combined $609 million.

The Hawaii House and Senate overrode the governor's veto of a bill he said could lead to a downgrade of the state's bonds.

Chicago-based Presence Health Network will issue nearly $1 billion of bonds next week in a sale designed to overhaul its debt portfolio and provide some breathing room to help stabilize its balance sheet.

The Harris County Hospital District earned a two-notch Fitch Ratings upgrade to AA despite weakness in the Houston area's energy economy.