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Baxter Co. Hospital, Ark., Downgraded to BBB-Minus by S&P
Friday, December 14, 2012
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Standard & Poor's Ratings Services said it lowered its long-term rating to BBB-minus from BBB on Baxter County, Ark.'s hospital revenue bonds issued for Baxter County Regional Hospital Inc., doing business as Baxter Regional Medical Center.

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Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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