Fitch Ratings

Update - Fitch Rates Lake Hospital System Ohio 2008A-C Revs 'A-'; Outlook Stable

Published in Hospital Law Weekly, July 10th, 2008

(This is an amended press release updating Fitch's press release of April 16, 2008. The original bond issue was delayed until the week of June 16. Additionally, a bond series was added: the Series 2008C bonds, with detail included in this amendment.)

Fitch Ratings has assigned an 'A-' rating to the County of Lake, Ohio (Lake Hospital System, Inc.) aggregate $190 million series 2008A-C revenue bonds. LHS expects to issue a combined $114.5 million of series 2008A and 2008B revenue bonds and $74.2 million of series 2008C refunding revenue bonds through Lake County, OH. The series 2008A and 2008B bonds will be structured as variable-rate demand bonds, and the series 2008C...

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Source: Hospital Law Weekly (2008-07-10)

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