Moody's rates North Miss. Health bonds Aa3/VMIG 1

Moody's Investors Service said it revised the ratings to Aa3/VMIG 1 from Aa3 on North Mississippi Health Services' $79.8 million of series 2003-1 and 2003-2 bonds, which are being converted from auction-rate securities to variable-rate demand bonds in the weekly mode.

Moody's also affirmed the Aa3/VMIG 1 ratings assigned to the system's other outstanding debt.

The long-term rating carries a stable outlook.

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