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