Tuesday, June 7, 2011

U.S. Bank Leads $1.75 Billion Health System

MINNEAPOLIS - UNITED STATES U. S. Bank Leads $1.75 Billion Health. U.S. Bank announced today that its Healthcare Division as the sole lead arranger and agent for a senior credit facility for $ 1750000000 Adventist Health System closed.

"We were looking forward to so closely with the Adventists to a unique program that would meet its immediate financing structure," said Robert Joyce, Senior Vice President and Head of Department, U. S. Bank Healthcare Division. "Moreover, the state of the art financial structure as an important tool in helping the organization reach its objectives in the long term."

"We have a thorough and extensive selection process when the decision was taken to the Administrative Agent to look best for our needs. We have for the U.S. banks to our line of credit in recognition of his commitment to our industry, the fixed values showed his people, and thoughtful approach, consulting on the structuring of an innovative solution that lead busy all of our needs, "said David P. Singleton, senior vice president and treasurer of the Adventist Health System. "Her deep knowledge of our company and the industry is what they could for us against. We are very pleased with the results."

U.S. bank

About Adventist Health System
Adventist Health System is a nonprofit health organization that emphasizes Christ at the center of care. Founded in 1973, has become Adventist Health System, the largest not-for-profit Protestant service in the nation. Today, Adventist Health System, whose flagship entity Florida Hospital supports 43 locations and employs nearly 55,000 people. Adventist Health System hospitals has more than 7,700 licensed beds, care for four million patients per year in inpatient, outpatient and emergency departments.

About U. S. Bank Healthcare Division
U.S. Bank Healthcare Division serves large residential institutions by using their expertise and insight into the unique dynamics of the industry, flexible and creative credit, capital markets, treasury management, payments and trust and custody solutions in a relationship-based, consultative manner supply. The group serves healthcare clients nationally from offices in St. Louis, Nashville, Atlanta, Seattle, New York, San Francisco, Cincinnati and Newport Beach, Calif. For more information, visit the healthcare division at www.usbank.com/healthcaredivision.

U.S. bank healthcare division

About U. S. Bancorp
U. S. Bancorp (NYSE: USB), with 311 billion U.S. dollars in assets from March 31, 2011, the parent of U. S. Bank, the fifth largest commercial bank in the United States. The company operates 3,082 branches in 25 states and 5,238 ATMs, and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. U. S. Bancorp and its employees are committed to improving the communities they serve, the company earned in 2011 Spirit of America Award, the highest honor for a company of United Way. Visit U. S. Bancorp on the web at www.usbank.com.

Moody's Investors Service is set to a downgrade of a number of U.S. banks, including the corporate credit rating is concerned with the likelihood of the government of the country the support they give to cap the biggest financial institutions.

Citigroup, Wells Fargo & Company and Bank of America Corporation are all checked, Bloomberg reported.

U.S. bank health system
The bank ratings agency noted the widespread view that the lender has given additional support should similar events happen again supported the financial crisis.

Such scrutiny is "focused on whether such assessments should be adjusted to remove unusual lift and support even before the crisis levels of government." On

Lenders often considered too powerful to not state aid in 2008, they were given to see them investigated by the economic downturn, said the news agency.

U.S. bank 2011
Federal Reserve Bank of San Francisco President John Williams said recently that U.S. banks not to increase their loans to a slow recovery from the recession.

0 komentar: