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Published on 3/24/2008 in the Prospect News Municipals Daily.

Moody's rates OakBend Medical, Texas, bonds A1/VMIG 1

Moody's Investors Service said it assigned a rating of A1/VMIG 1 to the OakBend Medical Center, Texas' $75 million of variable-rate hospital revenue bonds, series 2008.

The rating reflects a letter of credit provided by Regions Bank, which is rated A1/P-1.

Sale of the bonds is expected on April 1.


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