TITLE

Rockdale Drops

AUTHOR(S)
DeSue, Tedra
PUB. DATE
February 2006
SOURCE
Bond Buyer;2/16/2006, Vol. 355 Issue 32321, p31
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Standard & Poor's Rating Services company has assigned a BBB-plus rating to Rockdale Medical Center Inc.'s 50 million dollar of insured revenue bonds sold through the Rockdale County Hospital Authority in 2003. The rating was based on the center's series of very stable and profitable years, rapid and significant decline in operations, and excess losses of 15.1 million dollars. Analyst Kevin Holloran comments on the performance of the center.
ACCESSION #
19823682

 

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