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Moody's gives Aaa/VMIG1 to Spectrum Health, Mich., bonds
Moody's Investors Service said it assigned ratings of Aaa/VMIG1 to Kent Hospital Finance Authority, Mich.'s $75 million of revenue refunding bonds (Spectrum Health System), series 2008B-1.
Sale of the bonds was expected on April 16.
They are supported by a letter of credit from RBS Citizens, NA, which is rated Aa2/P-1.
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