Overcoming financing challenges with bond insurance.
As the revenues of healthcare organizations continue to decline, finding ways to raise low-cost capital has become increasingly important. By incorporating municipal bond insurance into a finance plan, healthcare organizations can achieve sizable debt-service savings for both new-money projects and refunding transactions. Bonds insured by one of the major municipal bond issuers are enhanced and carry AAA ratings from Moody's Investors Service, Standard & Poor's Corp., and, in some cases, Fitch Investors Service. Thus enhanced, they can attract a broader range of investors than uninsured issuers and can make it easier for healthcare organizations to raise long-term capital in a cost-effective manner.
Demby
H J
HJ
Financial Guaranty Insurance Company, New York, NY.
D002202:Capital Financing / Q000145:classification / Q000379:methods*; D005377:Financial Management, Hospital / Q000379:methods*; D006788:Hospitals, Voluntary / Q000191:economics*; D007341:Insurance; D007449:Investments / Q000145:classification*; D013660:Taxes; D014481:United States