Moody's rates Catholic Healthcare, Ohio and Tenn., bonds A1

Moody's Investors Service said it assigned an A1 underlying rating to Catholic Healthcare Partners' $377.3 million of series 2008A variable-rate demand obligations, adjustable-rate hospital facilities revenue bonds, to be issued by the County of Allen, Ohio, and the Health, Educational and Housing Facilities Board of the County of Knox, Tenn.

The issue includes $302.1 million from the County of Allen and $75.2 million from the Tennessee board.

The outlook is negative.

Moody's also said it affirmed the A1 rating on Catholic Healthcare's existing debt.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.