Moody’s affirmed the joint letter of credit backed rating of Indiana Finance Authority series 2011A, 2011B, 2011C, 2011D and 2011E hospital revenue bonds and Indiana Finance Authority series 2016B and 2016C hospital revenue refunding bonds.
The short term “VMIG 1” ratings on the bonds are unchanged.
The review of the ratings resulted from Moody’s recent upgrade to “Aa2” from “Aa3” on the underlying rating on the bonds.
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