TITLE

Clinic Report Amended

AUTHOR(S)
Carvlin, Elizabeth
PUB. DATE
December 2004
SOURCE
Bond Buyer;12/22/2004, Vol. 350 Issue 32035, p31
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that U.S. rating agency Moody's Investors Service Inc., has amended a rating report it issued earlier for the Cleveland Clinic Health System. The rating report was concerned to the planned issuance of $430 million of variable and auction-rate bonds. The agency earlier had upgraded the underlying ratings for Cleveland Clinic's approximately $1.1 billion of outstanding debt to Aa3 from A1 and revised its outlook to stable from negative. The agency also applied the rating to the Series 2004A and Series 2004B bonds that the system expects to bring to market today.
ACCESSION #
15458130

 

Related Articles

  • Market Post: Primary Retreats; Cleveland Clinic Ponders $400M Century Bond. Smith, Kate // Bond Buyer;9/12/2014, Vol. 1 Issue F335, p1 

    The article informs that there were no deals scheduled for more than 50 million U.S. dollars in either the competitive or negotiated bond markets in the U.S. as of September 11, 2014. It also offers information on a 400 million U.S. dollars century bond for the Cleveland Clinic Health system in...

  • Jackson Hospital, Fla., On Negative Watch.  // Bond Buyer;2/15/2005, Vol. 351 Issue 32071, p2 

    Reports that Moody's Investor Service Inc. is placing the A3 rating on Jackson Memorial Hospital's outstanding debt on watch list for possible downgrade in Florida. List of hospital's bonds which will affected for the possible downgrade; Initiation of financing for the hospital; Issuance of the...

  • Yes, It's Still Junk. Shields, Yvette // Bond Buyer;12/22/2004, Vol. 350 Issue 32035, p31 

    The article reports that Moody's Investors Service Inc., has affirmed the St. Lois Industrial Development Finance Authority's below-investment grade credit of B3. The affirmation has come on $98 million of senior-lien convention center hotel bonds, despite of a draw on debt service reserves to...

  • Moody's beefing up market implied ratings tool. A. P. // Asset Securitization Report;11/14/2005, Vol. 5 Issue 43, p10 

    The article discusses efforts by Moody's Investors Service to boost an analytic system called market-implied ratings. The collateralized debt obligation community is the quickest growing customer base in line for the system, which tracks the gap between what the secondary market assesses as the...

  • Cleveland Clinic Gearing Up to Sell $429M of Bonds. Carvlin, Elizabeth // Bond Buyer;12/1/2004, Vol. 350 Issue 32020, p38 

    This article reports that the Cleveland Clinic Health System, Cleveland, Ohio, has seen its bond rating rebound as the internationally renowned center prepares to sell $429 million of revenue bonds in 2004. The deal will be mostly new money and comes a year after the rnuIti-state system...

  • NEW YORK: Methodist Drops Two Notches. Phillips, Ted // Bond Buyer;5/14/2007, Vol. 360 Issue 32628, p9 

    The article reports that Moody's Investors Service Inc. has lowered the New York Methodist Hospital's rating two notches from A3 to Baa2 with a stable outlook. The downgrade affects $68.2 million of the Brooklyn hospital's outstanding debt. The Moody's report cited a material decline in...

  • LOUISIANA: Parish IDB Rating Stays Put. DeSue, Tedra // Bond Buyer;12/21/2006, Vol. 358 Issue 32533, p31 

    The article reports on the confirmation by Moody's Investors Service of the Aaa/VM1G-1 rating it assigned to the Calcasieu Parish Environmental Industrial Development Board in Louisiana. The confirmation is applicable to about $240 million of debt sold in 1996 for the CIT-GO Petroleum project....

  • Moody's Knocks Down California's Outlook. Finestone, Deborah // Bond Buyer;6/17/2003, Vol. 344 Issue 31658, p1 

    Moody's Investors Service Inc. revised the outlook on its A2 rating for California's general obligation (GO) bonds to negative from stable on June 25, 2003. The outlook change, which affects $34 billion in debt issued by the state, comes as the state sells $1.7 billion in GO in...

  • MICHIGAN: Genesee Gets Negative. Shields, Yvette // Bond Buyer;5/6/2009, Vol. 368 Issue 33109, p9 

    The article reports on the rating assigned by Moody's Investors Service Inc. to the $238 million of outstanding debt of Genesee County, Michigan. The credit rating agency revised its outlook to negative on Genesee County's outstanding debt that is rated A2. According to Moody's, the negative...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics