Not-for-profit healthcare

The Toledo, Ohio-based healthcare operator will sell $1.5 billion of bonds next week, of which $1.2 billion will be taxable.

Illinois-based OSF Healthcare System will refund $470 of debt this week and next.

The state Supreme Court upheld a law that safeguards local property tax exemptions for the hospitals.

S&P Global Raings dropped Verity Health System to CC.

Verity Health System reported about $459 million of long-term bond debt and $254 million in pension obligations on its most recent CAFR.

School districts, higher education institutions and healthcare providers could feel the pinch, according to Eric Kim of Fitch Ratings.

RBC is adding to its team even as smaller underwriting spreads have driven some players to reduce staff.

An amended master trust indenture will reflect the combined finances of the largest health systems in Illinois and Wisconsin.

McLaren will also sell some tax-exempt debt to refinance floating-rate notes.

Revised criteria for not-for-profit hospitals combined with insurance-related losses to result in a downgrade for New York State’s largest healthcare provider.