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Moody's rates Gwinnett Hospital, Ga., bonds Aa2/VMIG1, Aa1/VMIG1
Moody's Investors Service said it assigned a rating of Aa2/VMIG1 to the Hospital Authority of Gwinnett County, Ga., revenue anticipation certificates (Gwinnett Hospital System, Inc. Project), series 2008A ($34.75 million) and series 2008B ($60.275 million) and has assigned a rating of Aa1/VMIG1 to the Hospital Authority of Gwinnett County revenue anticipation certificates (Gwinnett Hospital System, Inc. Project), series 2008C ($59.925 million).
Sale of the bonds is expected on May 22.
SunTrust Bank will provide the letters of credit for series 2008A and series 2008B. Wachovia Bank, NA will provide the letter of credit for series 2008C.
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