Moody's Investors Service upgrades the rating of DASNY Montefiore Med Center FHA Insd Mortgage Ser 2008
New York, November 17, 2016-- Moody's Investors Service, upgrades the rating of Dormitory Authority of New York Montefiore Medical Center's FHA-Insured Mortgage Hospital Revenue Bonds, Series 2008 to Baa2 from Ba1. Approximately $72,885,000 of debt affected. This action follows the upgrade of DEPFA LT bank deposits rating to Baa2 from Ba1 on October 19, 2016. DEPFA serves as the guaranteed investment contract provider for the Debt Service Reserve.
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