TITLE

Hospital Bonds Fall

AUTHOR(S)
Scarchilli, Michael
PUB. DATE
March 2006
SOURCE
Bond Buyer;3/20/2006, Vol. 355 Issue 32342, p35
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Standard & Poor's Corp. has downgraded the ratings of Rhode Island Health and Educational Building Corp.'s Roger Williams Hospital bonds. The bonds' rating was dropped to BB from BBB-minus. The downgrade affects Series 1998 bonds valued at $17.1 million. The hospital suffered volume losses due to the indictment of the former CEO of Roger Williams Medical Center. Roger Williams Hospital is affiliated with the medical center.
ACCESSION #
20255882

 

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