Moody's rates BJC Health, Mo., bonds Aa2/VMIG1

Moody's Investors Service said it assigned Aa2/VMIG1 ratings to BJC Health System's $243.6 million of series 2008A, B and C variable-rate demand bonds and $125 million of series 2008D and E variable-rate demand bonds, all to be issued through the Missouri Health & Educational Facilities Authority.

The outlook is stable.

The issue includes $81.2 million of series A, $81.2 million of series B, $81.175 million of series C, $75 million of series D and $50 million of series E.

Series 2008A, B and C will be supported by standby bond purchase agreements.

Moody's also said it affirmed the existing ratings of $510 million of BJC's debt to remain outstanding.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.