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Article: Fitch Rates Catholic Healthcare West (California) $525MM 2008 Bonds 'A+'; Outlook Positive.
- Article from:
- Business Wire
- Article date:
- May 6, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CHICAGO -- Fitch Ratings has assigned an 'A+' rating to approximately $226.3 million California Statewide Communities Development Authority revenue bonds (Catholic Healthcare West), series 2008A-E and approximately $298.7 million California Health Facilities Financing Authority revenue bonds (Catholic Healthcare West), series 2008G-L. In addition, Fitch has also affirmed its rating on Catholic Healthcare West's (CHW) outstanding bonds at 'A+'. The Rating Outlook is Positive.
The above referenced bonds are being issued in exchange for certain auction rate bonds currently outstanding. On the date of issuance of the above referenced series 2008 bonds, CHW will ...