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Moody's rates OakBend Medical, Texas, bonds A1/VMIG 1
Moody's Investors Service said it assigned a rating of A1/VMIG 1 to the OakBend Medical Center, Texas' $75 million of variable-rate hospital revenue bonds, series 2008.
The rating reflects a letter of credit provided by Regions Bank, which is rated A1/P-1.
Sale of the bonds is expected on April 1.
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