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Published on 12/19/2019 in the Prospect News High Yield Daily.

S&P affirms Coventry & Rugby notes

S&P said it affirmed the BB+ S&P underlying rating on the £407.2 million bonds issued by Coventry and Rugby Hospital Co. plc.

Coventry & Rugby Hospital Co. is a special-purpose company wholly owned by Innisfree PFI Continuation Fund LP, which sold £407.2 million senior secured bonds to finance the design, construction, equipping, and maintenance of a number of health care facilities at Walsgrave, near Coventry in central England.

The outlook is stable.


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