Posts Tagged ‘credit rating’

Fitch rates JMAA’s revenue bonds ‘A-’

by Wally Northway Published: July 7,2010

Tags: airports, credit rating, transportation, travel

JACKSON — Fitch Ratings has affirmed the Jackson Municipal Airport Authority’s (JMAA’s) approximately $45-million revenue refunding bonds series 1998, 2005 and 2007 at “A-.” The bonds are secured by a pledge of general airport revenues collected at the airport, after payment of operating and maintenance expenses, on a first lien pari passu basis. The rating [...] [...]

Fitch downgrades Baptist’s bonds

by Wally Northway Published: May 21,2010

Tags: bonds, credit rating, healthcare, investing, stocks and bonds

JACKSON — Fitch Ratings has downgraded Mississippi Baptist Health System’s (MBHS’) $113.9-million Mississippi Hospital Equipment and Facilities Authority revenue bonds, series 2007A, to “BBB+” from “A-.” The rating outlook is revised to “stable” from “negative.” Fitch said the downgrade reflects declining profitability and weakening business position. Profitability continues to decline with earnings deteriorating since the [...] [...]

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