S&P Drops Ohio's Forum Health to BBB-Minus

Carvlin, Elizabeth
January 2006
Bond Buyer;1/17/2006, Vol. 355 Issue 32299, p5
Trade Publication
The article reports on the BBB-minus rating assigned by Standard & Poor's Corp. to 121 million dollars of outstanding debt issued in Mahoning County, Ohio. The reason for the downgrade is due to losses over the past few years which have lowered the system's debt service coverage levels. The rating affects debt issued in 1997 and 2002.


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