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Alabama hospital defaults on $60 million bond payments, S&P lowers rating to ‘D’
An Alabama hospital was given S&P Global’s lowest bond rating of “D” on Wednesday, a day after it defaulted on bond interest payments. Jackson Hospital & Clinic in Montgomery defaulted on about $60 million worth of Medical Clinic Board of the City of Montgomery series 2015 bonds, which comprises 86% of the hospital’s long-term debt, the S&P said in a statement explaining why it lowered the hospital’s rating to “D” from “CC.”
See which Alabama high school football games have been moved to Thursday
High school football games across the state are being rescheduled dye to inclement weather projected in Friday’s forecast. Here is a full list of games being played Thursday, with six already scheduled for Thursday and others being moved from Friday. All games will kick off at 7 p.m. unless...
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