Bondholders Have Mercy on Hospital; Waive Debt Service Coverage

Wisniewski, Mary
December 2000
Bond Buyer;12/01/2000, Vol. 334 Issue 31028, p3
Trade Publication
Reports the waive of the debt service coverage requirement by bondholders of the Mercy Hospital and Medical Center in Chicago, Illinois. Importance of the waiver for the hospital recovery; Provision of monthly reports on hospital financial health; Rate of bond below investment grade; Fulfillment of all debt service payments despite bond default.


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