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Article: Fitch Rates $240MM Central DuPage Health's Illinois Series 2009B Revs 'AA'; Outlook Stable.
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
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Fitch Ratings has assigned a 'AA' rating to the expected issuance of $240 million Illinois Finance Authority revenue bonds series 2009B (Central DuPage Health). In addition, Fitch affirms the 'AA' ratings on approximately $499 million of bonds outstanding issued on behalf of Central DuPage Health (CDH) through the Illinois Finance Authority or the Illinois Health Facilities Authority. The Rating Outlook is Stable.
The series 2009B bonds are expected to be issued as uninsured fixed-rate securities. Bond proceeds will be used to fund various capital projects (including a portion of the costs associated with the construction of a new five-story, 202 room bed ...