podcasts Ratings /ratings/en/research-insights/podcasts/2020-08-27-take-notes-not-for-profit-health-care-sbpa-backed-vrdos-during-covid-19 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

In This List

Take Notes: Not-For-Profit Health Care SBPA-Backed VRDOs During COVID-19


Massachusetts And New York State Could Lose Billions Of Income Tax Dollars If Lawsuit Challenging Remote Work Succeeds


U.S. Residential Mortgage And Housing Outlook: Positive Momentum Carries Into 2021


Servicer Evaluation: Brean Real Estate Solutions LLC


Quote Book: Gleaning Sector Trends From Rating Actions For BSL CLO Market Participants (As Of Jan. 15, 2021)

Listen: Take Notes: Not-For-Profit Health Care SBPA-Backed VRDOs During COVID-19

Analysts Anne Cosgrove, Alex Gombach, and Santos Souffront join our host Tom to discuss U.S. public finance health care variable-rate demand obligations (VRDOs). We first introduce and detail what standby bond purchase agreement (SBPA)-backed VRDOs are and how we rate them. We then look at how not-for-profit health care providers can turn to this form of financing to help offset their significant operating losses and negative cash flow impacts due to COVID-19, as well as discuss our outlooks for both the health care sector and the SPBA market.