Moody’s affirms ‘Aa2/VMIG 1’ on CHRISTUS Health’s bonds

Moody’s Investors Service has affirmed Irving, Texas-based CHRISTUS Health’s “Aa2/VMIG 1” letter of credit-backed series 2008C-1 bonds, affecting $41.44 million of debt.

Advertisement

Moody’s has evaluated the bonds based on a joint default analysis. Moody’s has determined that the joint probability of default between the bank and the obligor is low, which results in credit risk consistent with a JDA rating of “Aa2.”

More articles on finance:
RCM tip of the day: Educate patients on expected financial responsibility
Altarum: Healthcare spending moderates as job growth surges
What health insurers can learn from ‘Covered California’ and narrow networks

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.