Standard & Poor's Ratings Services said it raised its underlying rating to A-minus from BBB-plus on Tarrant County Cultural Education Facilities Finance Corp., Texas' $96.7 million series 2009A and 2009B fixed-rate hospital revenue bonds, and series 2009C variable-rate hospital revenue bonds, issued for Hendrick Health System.
Hendrick Health, Texas, Raised to A-Minus by S&P
FEB 25, 2013 3:18pm ET
You must be registered to post a comment. Click here to register.
Already registered? Log in here
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.
the bond buyer conferences
May 1- 2, 2014Hyatt Regency, Baltimore, MD
The Roosevelt Hotel, New York, NY