Eastern Health on Watch

Sigo, Shelly
June 2004
Bond Buyer;6/24/2004, Vol. 348 Issue 31912, p31
Trade Publication
Reports on the move of Moody's Investors Service Inc. to place the bond ratings of Eastern Health System Inc. on watch list for a possible downgrade in Alabama. Impact of the outstanding debt of the company on the bond ratings; Review of the management of the financial reports of the company; Concern on the potential for a bond covenant violation in connection with a letter of credit agreement of the company with AmSouth Bank.


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