Summary: Charlotte-Mecklenburg Hospital Authority, North Carolina; System Jun 08
- ID: 1786691
- June 2008
- Region: North Carolina
- Standard & Poors
Standard & Poor's Ratings Services assigned its 'AA-' standard long-term rating to the $308.0 million series 2008A revenue refunding bonds, and affirmed its existing 'AA-' standard long-term ratings on Charlotte-Mecklenburg Hospital Authority, N.C.'s outstanding bonds. The authority does business as Carolinas HealthCare System (CHS). (For information on Standard & Poor's affirmation of the authority's underlying ratings (SPURs) see "Charlotte-Mecklenburg Hospital Authority, North Carolina; System," published May 6, 2008, on RatingsDirect.) Management has restructured or plans to restructure $968.8 million in auction- and variable-rate securities. The series 2008A bonds will refund the series 1996B, 1996C, 1996D, 2003B, 2005E, and 2007I bonds ($307.4 million) scheduled for June 5, 2008. The series 2007G, 2007J, and 2007K bonds ($268.1 million) were converted to variable-rate...
Companies mentioned in this report are:
- Charlotte-Mecklenburg Hosp Auth
Action: Outlook: Stable
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