Moody's Lowers Oregon's Legacy Health System to Al

June 2006
Bond Buyer;6/22/2006, Vol. 356 Issue 32408, p2
Trade Publication
The article reports that Moody's Investors Service has downgraded its long-term bond rating for Oregon's Legacy Health System's Clackamas County Hospital Facility Authority. According to the article, the rating affected the $308 outstanding debt of the system. The downgrade was based on Legacy's liquidity to support the tender features of the bonds in the event of a failed remarketing.


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