TITLE

Hospital Negative

AUTHOR(S)
Shields, Yvette
PUB. DATE
December 2004
SOURCE
Bond Buyer;12/1/2004, Vol. 350 Issue 32020, p39
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that Moody's Investor Service Inc. last week revised its outlook to negative from stable on Wisconsin-based Aspirus Wausau Hospital's underlying A2 credit in conjunction with its sale this month of $45 million of variable-rate debt. The hospital has $102 million of outstanding debt sold in 1998, 2000, and 2001 affected by the action. Proceeds of the sale scheduled for the middle of this month will finance the acquisition, expansion, construction and equipping of the system's health care facilities. The bonds are expected to carry insurance.
ACCESSION #
15278555

 

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