• ISIN: US67884XBS53
  • Entity Name: Oklahoma Development Finance Authority/The
  • Sector: Municipal Agency
  • Announcement Date: 17-Oct-2018
  • Effective Date: 04-Sep-2018
  • Issue Date: *****
  • Maturity Date: 15-Aug-2030
  • Country of Issuer: United States
  • Region: N.Amer
  • Issue Currency: United States of America Dollars
  • CA Type: Rating Downgrade
  • News: On September 4, 2018, Moodys Investors Service (Moodys) lowered its long-term and underlying rating to A1 (stable outlook) from Aa3 (negative outlook) and its short-term rating to A1/P-1 from Aa3/P-1, respectively, on the outstanding rated debt of INTEGRIS Health Inc., INTEGRIS Baptist Medical Center, Inc., INTEGRIS South Oklahoma City Hospital Corporation, INTEGRIS Rural Health, Inc. and INTEGRIS Health Edmond, Inc. (collectively, the INTEGRIS Obligated Group). An explanation of the significance of the ratings assigned to the debt may be obtained from Moodys. The ratings reflect only the views of Moodys and are not a recommendation to buy, sell, or hold the debt. The INTEGRIS Obligated Group makes no representation as to the appropriateness of the ratings assigned to the debt. There is no assurance that the ratings currently assigned to the debt will be maintained for any given period of time or that they will not be raised, lowered, suspended, or withdrawn entirely if, in the judgment of Moodys, circumstances so warrant. The INTEGRIS Obligated Group has not undertaken any responsibility to oppose any proposed revision or withdrawal of any rating. Any change in or withdrawal of a rating assigned to the debt could have an adverse effect on the market price or marketability of the debt. For further information please contact Hardy Watkins, Vice President, Marketing and Communications, at INTEGRIS Health, 3300 NW Expressway, Oklahoma City, OK 73112, or by phone at (405) 552-0808.
  • Description: Municipal Name: Oklahoma Development Finance Authority/The CUSIP: 67884XBS5 Currency: USD Oklahoma Development Finance Authority/The announced today that the Moody’s Investors Service has downgraded the ratings of the Series 2015A, Health System Revenue Refunding Bonds from Aa3 to A1 on September 4, 2018.
  • Bond Document:
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