S&P downgrades CareGroup's bonds

Kaplan, David
February 1999
Bond Buyer;02/04/99, Vol. 327 Issue 30572, p31
Trade Publication
Reports on Standard & Poor's Corp.'s decision to downgrade its underlying rating on bonds issued by the Massachusetts Health and Education Facilities Authority on behalf of the CareGroup health system and its subsidiary Beth Israel Medical Center. Reasons why the bond's rating was downgraded; CareGroup's operating and excess income levels in fiscal 1998.


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