Standard & Poor's Ratings Services said it raised its rating and underlying rating to BBB-plus from BBB on the California Statewide Communities Development Authority's series 2005A and 2005B health care revenue bonds, issued for Redlands Community Hospital.
Redlands Community Hosp, Calif., Revs Raised to BBB-Plus by S&P
JAN 24, 2013 2:53pm ET
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Land isn't the only thing drying up in California, as the drought's economic impacts are dangerously closing in on the state's financial resources.
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