Markets - Market News
Hospital Authority of Savannah Bonds Upgraded to A-Minus by Fitch
Thursday, February 21, 2013
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Fitch Ratings said it has upgraded to A-minus from BBB-plus the Hospital Authority of Savannah $11.5 million taxable revenue bonds, series 1998C, and $37.8 million revenue bonds series 2003 issued on behalf of St. Joseph's/Candler Health System.

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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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