The short-term “VGIM 1” rating results from the credit quality of TD Bank and Moody’s assessment of the likelihood of an early termination of the SBPA without a final mandatory tender.
This follows an August Moody’s report on the “Aa3″/”VMIG 1” rating assigned to UNC Hospitals’ 2003A and 2003B bonds, as well as the “VMIG 1” rating affirmation on its 2001A and 2001B bonds.
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