The bonds include:
- $24,260,000 of series 2013A revenue refunding bonds
- $140,735,000 of series 2011 bonds
- $136,200,000 of series 2007 revenue bonds
- $15,385,000 of series 2006 bonds
- $10,735,000 of series 2004 A-3 variable-rate composite revenue bonds
- $60 million of series 2003A bonds
The rating watch positive indication is based on a number of factors, including the expected positive credit rating impact of the health system’s merger with Hackensack (N.J.) University Medical Center, which took place in July 2016, among other factors.
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