Moody's assigns A1 to N.J. Health Care bonds

Moody's Investors Service said it assigned a rating of A1 to the $249.66 million of New Jersey Health Care Facilities Financing Authority state contract bonds (Hospital Transformation Program), series 2008A.

The bonds are payable solely from anticipated contract payments to be made by the State of New Jersey from its general fund.

Sale of the bonds was expected on May 28.

The outlook is stable.

© 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.