Caleb Hannabass | Southwest Ledger In September 2026, after years of trying to manage debt through a series of revenue bonds, Norman Regional Hospital Authority was downgraded by S&P Global to a “D” rating, signifying default. The recent rating decline was prompted by a missed principal and interest payment due Sept.1.

Caleb Hannabass | Southwest Ledger In September 2026, after years of trying to manage debt through a series of revenue bonds, Norman Regional Hospital Authority was downgraded by S&P Global to a “D” rating, signifying default. The recent rating decline was prompted by a missed principal and interest payment due Sept.1.

Norman Regional Hospital Authority seeking solutions to financial crisis

NORMAN – Nine years ago, on Sept. 9, 2017, S&P Global Ratings upgraded Norman Regional Hospital Authority’s ratings on its revenue debt to “A-” from “BBB+.” The global credit rating agency based the upgrade on a strong financial profile and operational stability.
Stephen Robertson | For Southwest Ledger A crew works on a new home under construction in the 900 block of Southwest D Avenue in downtown Lawton.

Stephen Robertson | For Southwest Ledger A crew works on a new home under construction in the 900 block of Southwest D Avenue in downtown Lawton.

Construction permits top $10M in August

The value of Lawton construction permits topped $10 million in August, with half of that accounted...