Report
EUR 166.22 For Business Accounts Only

Moody's reviews LOC backed New Jersey HCFFA Variable Rate Revenue Bonds (Hospital Capital Asset Financing Program) 1985 Series A & B

New York, December 23, 2016-- Moody's Investors Service, at the request of the Issuer, has reviewed the documents submitted to us in connection with the issuance of a substitute letter of credit to be provided by TD Bank, N.A. in support of the New Jersey Health Care Facilities Financing Authority Variable Rate Demand Revenue Bonds 1985 Series A& B. The substitute letter of credit will replace the letter of credit from JPMorgan Chase Bank, N.A. currently supporting the Bonds.
Provider
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

ResearchPool Subscriptions

Get the most out of your insights

Get in touch