Moody's Assigns Enhanced Aa2 to Custodial Receipts, Series 2017-003
New York, January 26, 2017-- Moody's Investors Service has assigned the Aa2 enhanced rating to Custodial Receipts, Series 2017-003 evidencing an undivided interest in City of Middletown, Ohio, Hospital Facilities Revenue Bonds, Series 2016 A. The rating is based upon joint default analysis, which reflects Moody's approach to rating jointly supported transactions. The JDA rating is based on the long-term rating, A1, of Barclays Bank PLC as provider of the Letter of Credit, the...
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