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Fitch Rates Iowa Health System's $150MM 2008A Revs 'AA-'; Outlook Stable
Friday, May 09, 2008
Fitch Ratings has assigned an underlying 'AA-' rating to the Iowa Finance Authority's $150 million variable-rate revenue bonds, series 2008A-1 & 2008A-2 issued on behalf of Iowa Health System (IHS). The bonds are expected to be insured by Assured Guaranty (IFS rated 'AAA' by Fitch). In addition, Fitch has affirmed IHS' outstanding debt at 'AA-'. The Rating Outlook is Stable.
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