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Prospect News home > News index > List of issuers A > Headlines for Antelope Valley Healthcare District > News item
Published on 7/17/2008 in the Prospect News Municipals Daily.

S&P drops Antelope Valley Healthcare bonds to BB

Standard & Poor's said it lowered its underlying rating to BB from BBB- on Antelope Valley Healthcare District, Calif.'s $57.24 million series 1997 A and B revenue bonds.

The outlook is negative.

The downgrade reflects weak operating performance for fiscal 2007 and a declining liquidity position, S&P said.


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