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Moody's gives Cincinnati Children's Hospital bonds Aa2/VMIG1
Moody's Investors Service said it assigned a rating of Aa2/VMIG1 with a stable outlook to the County of Butler, Ohio's $51.95 million of variable-rate hospital facilities revenue bonds, series 2008O, (Cincinnati Children's Hospital Medical Center project).
The rating is partly based on a letter of credit from Fifth Third Bank, which is rated Aa2/P-1.
Sale of the bond is expected on April 30.
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