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Moody's rates Orlando, Fla., health bonds A2
Moody's Investors Service said it assigned an A2 rating to Orlando Regional Healthcare System's $78.97 million of series 2008C hospital revenue bonds to be issued by the Orange County Healthy Facilities Authority, Fla.
The outlook is stable.
Moody's also said it affirmed the A2 underlying rating on the $47 million of outstanding FSA-insured series 2005A and $105 million of outstanding 2006A-1 and 2006A-2 bonds, which are auction-rate securities that are converting to fixed rate. They will now be renamed as series 2008A and 2008B bonds.
In addition, Moody's said it affirmed the A2 rating of Orlando Regional Healthcare's outstanding debt.
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