Healthcare industry

As BioNitrogen navigates Chapter 11 bankruptcy, Hendry County, Fla., has refused to extend the company’s $300 million private-activity bond allocation.

Weaker results in the current fiscal year prompted one rating agency to shift its outlook on Michigan-based Trinity Health Credit Group's high-grade rating to negative ahead of its sale of $568 million of new-money and refunding bonds.

Standard & Poor’s bumped Memorial Group Inc. out of junk territory thanks to support provided by the stronger rated BJC Healthcare system.

The California Health Facilities Financing Authority will issue $500 million of revenue bonds next week for the Sutter Health hospital system in Northern California.

Illinois’ not-for-profit hospitals are facing new uncertainty over their local tax exemptions and charity care obligations after an appellate court voided a 2012 law governing their community benefit requirements.

Moody's Investors Service upgraded UMass Memorial Health Care revenue bonds out of junk to Baa3 from Ba1, affecting $265 million of rated debt.

Standard & Poor's dropped Georgia's Oconee Regional Medical Center further into junk territory citing default as a "virtual certainty."

The Federal Trade Commission has moved to block the proposed merger of Illinois-based Advocate Health Care and NorthShore University Health System citing to anti-competition concerns.

A large operating loss cost the operator of Mission Regional Medical Center its investment-grade rating from Standard & Poor's, and notice of a technical default is expected.

Indiana would build a new $120 million bond-financed mental health facility in what Gov. Mike Pence’s administration is billing as an affordable option that will usher in a new model of care