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Prospect News home > News index > List of issuers F > Headlines for Fletcher Allen Health Care > News item
Published on 5/13/2008 in the Prospect News Municipals Daily.

Fitch rates Fletcher Allen Health, Vt., bonds AA-/F1+

Fitch Ratings said it assigned a rating of AA-/F1+ to $54.705 million Vermont Educational and Health Buildings Financing Agency variable-rate hospital revenue refunding bonds (Fletcher Allen Health Care Project), series 2008A.

The rating is based on the support provided by an irrevocable direct-pay letter of credit issued by TD Banknorth, NA securing the bonds.

The bond proceeds will be used to currently refund the hospital's series 2000B bonds.


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