TITLE

Senator Vitter Blasts Debt Plan for New Orleans Hospital

AUTHOR(S)
Watts, Jim
PUB. DATE
April 2011
SOURCE
Bond Buyer;4/18/2011, Vol. 376 Issue 33501, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the nearly 800 million dollars variable-rate bonds of the Indiana University (IU) Health Inc., the largest health care system in Chicago, Illinois. It states that the proceeds would be used to reimburse IU Health for 150 million dollars spent for the construction of a new 40-bed hospital set and to repay a 30 million dollars line of credit. It mentions that the refunding bonds will move the system's outstanding variable-rate debt.
ACCESSION #
60169383

 

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