Greenwood Downgrade

Carvlin, Elizabeth
February 2006
Bond Buyer;2/22/2006, Vol. 355 Issue 32324, p31
Trade Publication
The article reports that Fitch Ratings downgraded revenue bonds issued by the Indiana Health Facility Financing Authority for Greenwood Village South to BB-plus from BBB-minus. The downgrade resulted from a weak balance sheet, increasing debt and decreasing occupancy in the skilled nursing unit.


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