Moody's rates Virginia Hospital Center bonds A2

Moody's Investors Service said it assigned an A2 rating to Virginia Hospital Center's $142.2 million series 2005 bonds and affirmed the A2 rating on $13.2 million outstanding series 2001 bonds. The outlook is stable.

The series 2005 bonds are currently in a swap-rate mode, under which they pay a variable interest rate based on Libor plus a spread. The swap-rate mode expires on July 1, 2011, at which time the hospital has the option to convert the bonds to a different interest rate mode.

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