Moody's reviews refunding of Connecticut Hlth. & Educ. Fac. Authority Variable Rate Revenue Bonds (Griffin Hospital), Ser. 2007C & Ser. 2007D
New York, January 19, 2017-- Moody's Investors Service, at the request of the borrower, Griffin Hospital, has reviewed the proposed refunding dated as of January 20, 2017 of the Series 2007 C and Series 2007 D Bonds. The Refunding, which establishes a cash funded escrow agreement while the letters of credit currently supporting the Bonds terminate, will not have an adverse effect on the credit quality of the Bonds and therefore will not, in and of itself and as of this time, result in...
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