Moody’s upgrades Bridgeport Hospital to ‘Aa3’

Moody’s Investors Service has upgraded Bridgeport (Conn.) Hospital’s rating to “Aa3′ from “A3.”

Advertisement

The rating affects approximately $34 million of outstanding series 2012 D fixed rate revenue bonds issued through the Connecticut Health and Educational Facilities Authority.

The rating change reflects the recent change in bondholder security in conjunction with the hospital joining Yale New Haven (Conn.) Health, which has an Aa3 rating.

More articles on hospital credit ratings:

7 recent hospital rating and outlook changes, affirmations 
Moody’s revises Texas Health Resources’ outlook to positive 
Moody’s downgrades St. Luke’s revenue bonds to ‘A3’, outlook stable 

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.