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Article: Fitch Rates Adventist Health System Sunbelt's (FL) Series 2009D Rev Bonds 'AA-'; Outlook Stable

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Wireless News
Article date:
September 12, 2009
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Wireless News
09-12-2009
Fitch Rates Adventist Health System Sunbelt's (FL) Series 2009D Rev Bonds 'AA-'; Outlook Stable
Type: News

Fitch Ratings has assigned an 'AA-' rating to approximately $100 million Kansas Development Finance Authority fixed-rate revenue bonds, series 2009D, issued on behalf of Adventist Health System/ Sunbelt Obligated Group (Adventist).

Fitch also has affirmed its 'AA-' long-term rating on Adventist's outstanding indebtedness and its 'F1+' short-term rating on Adventist's variable-rate debt supported by self-liquidity. The Rating Outlook is Stable.
Bond proceeds will be used for capital projects and to refund the outstanding series 2007C letter of credit backed ...

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