HFMA: Hospitals Acquire Upper Hand in Bond Covenants

HFA Partners  |  October 22, 2012

In the Fall 2012 issue of the HFMA Strategic Financial Planning newsletter, we discuss how investors are buying hospitals bonds with more flexible terms and fewer protections --including avoiding debt service reserve funds or mortgage liens -- without measurable cost penalties.

Read this article on the HFMA website at http://www.hfma.org/Content.aspx?id=13893.

This material is intended for general information purposes only and does not constitute legal advice. For legal issues, readers should consult legal counsel. To discuss this article or municipal advisory services, email or call 888-699-4830. HFA Partners, LLC is an Independent Registered Municipal Advisor registered with the Securities and Exchange Commission (SEC) and the Municipal Securities Rulemaking Board (MSRB) under the Dodd-Frank Act of 2010.
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