Moody's Investors Service said it has upgraded St. Charles Health System, Ore.'s (formally Cascade Healthcare Community) revenue bond rating to A2 from A3, and has revised the outlook to stable from positive.
St. Charles Health System, Ore., Upgraded to A2 by Moody's
DEC 21, 2012 8:11am ET
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A recent phenomenon is the emergence of bonds with shorter call protection as funding alternatives for municipalities. However, the shorter call protection also dampens the potential upside for investors, which in turn reduces the price they are willing to pay.
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