Article: Standard & Poor's Rates Chester County Health & Educational Facilities, Pennsylvania/Tel Hai Revenues BBB.

NEW YORK, Oct. 28 /PRNewswire/ -- Standard & Poor's today assigned its triple-'B' rating to Chester County Health and Educational Facilities Authority, Pa.'s revenue bonds series 1998 dated Aug. 15, 1998 due June 1, 2025, issued for Tel Hai Retirement Community Inc. The bonds are scheduled to sell Nov. 9, 1998.

The rating reflects:

-- Able management,

-- Strong demand,

-- A wide range of services and prices, and

-- Adequate financial performance and liquidity.

Tel Hail Retirement Community is a 399-unit continuing care retirement community located in Honey Brook Township, Pa., and is accredited by the Continuing ...

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