Gundersen Wins Upgrade

Shields, Yvette
April 2006
Bond Buyer;4/26/2006, Vol. 356 Issue 32368, p31
Trade Publication
The article reports that the Standard & Poor's Corp. has the underlying rating on the company Gundersen Lutheran's debt to A-plus from A as a result of the hospital's good financial performance. The revision is made because of the hospital's upcoming new money and refunding issue of 91 million dollars of variable-rate demand obligation bonds. Moreover, Gundersen has almost 29 million dollars of fixed rate revenue debt outstanding form a 2003 issue.


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