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Moody's rates BryanLGH Medical, Neb., bonds A1
Moody's Investors Service said it assigned A1 long-term ratings to BryanLGH Medical Center, Neb.'s $3.2 million of series 2008A fixed-rate revenue bonds to be issued through Hospital Authority No. 1 of Lancaster County, Neb.
Moody's also said it gave A1 underlying ratings to the center's $62.6 million of series 2008B and $13.5 million of series 2008C variable-rate revenue refunding bonds. Series B will be issued through the Lancaster County authority, and series C will be issued through the Hospital Authority No. 1 of Saline County, Neb.
In connection with the assignment, Moody's also said it is affirming the A1 long-term and underlying ratings on the medical center's existing debt.
Sale of series 2008A is expected on May 13. Series 2008B and 2008C are expected to sell on May 27.
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