Kaiser Permanente ups bond values to $3B

Kaiser Foundation Hospitals, part of Oakland, Calif.-based Kaiser Permanente, has increased the face amount of outstanding bonds by 25 percent, according to a June 27 filing.

The obligation to pay the now $3 billion notes is “unconditionally and irrevocably guaranteed,” according to the notice.

Kaiser Permanente had its “AA-” long-term rating affirmed by S&P Global June 26.

Read the full post on Becker's Hospital Review - Healthcare News