Moody's rates St. Joseph Health, Texas and Calif., bonds Aa3/VMIG1

Moody's Investors Service said it assigned Aa3/VMIG1 ratings to St. Joseph Health System, Calif.'s $51.5 million series 2008A variable-rate refunding revenue bonds to be issued by the Lubbock Health Facilities Development Corp., Texas, and $243.925 million of series 2008A, B and C variable-rate refunding revenue bonds to be issued by the California Statewide Communities Development Authority.

The outlook is stable.

At the same time, Moody's said it affirmed the Aa3 long-term and underlying ratings on the system's $926 million of debt to remain outstanding.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.