St. Tammany Parish Hospital in Covington, La., will sell roughly $60 million in bonds, according to a St. Tammany News report.
According to Fitch Ratings and Standard & Poor's Ratings Services, St. Tammany holds bond ratings of A and A-, respectively.
CFO Tim Lessing said the hospital is selling the bonds because it is in a position to eliminate its debt sooner than originally planned, according to the report.
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According to Fitch Ratings and Standard & Poor's Ratings Services, St. Tammany holds bond ratings of A and A-, respectively.
CFO Tim Lessing said the hospital is selling the bonds because it is in a position to eliminate its debt sooner than originally planned, according to the report.
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