Moody's Investors Service said it assigned a Aa3 rating to University of Wisconsin Hospitals and Clinics Authority's $262.675 million of Series 2013A fixed rate bonds to be issued by UWHCA and upgraded the rating on UWHCA's outstanding rated debt to Aa3 from A1.
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.
the bond buyer conferences
September 25-27, 2013JW Marriott LA Live, Los Angeles, CA
October 27-29, 2013Crowne Plaza Times Square Manhattan, New York, NY