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Published on 3/25/2008 in the Prospect News Municipals Daily.

Fitch gives F1+ to North Miss. Health bonds

Fitch Ratings said it assigned a short-term rating of F1+ to North Mississippi Health Services' $79.75 million of 2003 auction-rate series 1 and series 2 Mississippi Hospital Equipment and Facilities Authority revenue bonds.

The bonds are being converted to seven-day variable-rate demand bonds.

In addition, Fitch said it affirmed the AA long-term rating on all of North Mississippi's outstanding debt.

The outlook is stable.


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