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WKN DE: A0MYYM / ISIN: PLINCLT00015
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17.10.2016 21:47:00
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Moody's: US NFP and public hospitals issuing more debt to fund pension liabilities
New York, October 17, 2016 -- Rising pension liabilities and insurance premiums are driving the rise in US not-for-profit and public hospitals debt issuance to fund these pension obligations, Moody's Investors Service says in a new report. This can have credit negative implications for hospitals, especially if investment return objectives are not met, or if the debt issuance uses a significant portion of the hospital's debt capacity, leading it to curtail other strategic projects.
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