| Title: | Lehigh Valley Health Network, Pennsylvania; Hospital |
| Price: | $400.00 |
| Publication Date: | May 06, 2008 |
| Report Type: | Full Report |
| Abstract: | Standard&Poor's Ratings Services assigned its 'A+' long-term rating to Lehigh County General Purpose Authority, Pa.'s $72 million series 2008A revenue bonds, and its 'A+' underlying rating (SPUR) to the $95 million series 2008B and $59 million 2008C bonds, to be issued for Lehigh Valley Health Network (LVHN). Standard&Poor's also affirmed its 'A+' standard long-term rating and SPUR on the authority's outstanding bonds, also issued for LVHN. Additionally, LVHN plans to convert $138 million of outstanding auction-rate securities to variable-rate demand and fixed modes, as detailed below. The 'A+' rating reflects LVHN's sound business and overall financial position in the Lehigh Valley. While LVHN holds the leading market share, with a growing tertiary presence in the region, |
| Brief Excerpt: | RESEARCH Ratings Definitions Lehigh Valley Health Network, Pennsylvania; Hospital Publication date: ##-May-#### Primary Credit Analyst: Charlene Butterfield, New York (#) ###-###-####; charlene_butterfield@standardandpoors.com Secondary... |
| Word Count: | 2776 |
| Issuer: | Lehigh Vy Hlth Network |
| Sector: | Global Issuers, Public Finance, Financial Institutions |
| Country: | United States |
| Region: | United States |
| Format: | 
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