July 2nd, 2009

The Philadelphia Inquirer reports:

Moody’s Investors Service placed Lower Bucks Hospitalon its watch list for possible downgrade. The list applies to $27 million in bonds issued by Langhorne Manor Higher Education and Health Authority currently rated at “B3.” Moody’s said the warning followed its receipt of unaudited 10-month financial statements ended April 30 that showed “continued decline in financial performance.”

For full story from the Philadelphia Inquirer, click here.