ECHD gets Issuer Default Rating, bond downgrade

Posted On Jun 2 2021 by

first_img ECHD gets Issuer Default Rating, bond downgrade Pinterest By admin – March 26, 2018 Twitter WhatsApp Twitter WhatsApp Previous articleFive things you need to know today, March 26Next articleCounty Commissioners accept annual financial report admin Facebook Roy Perkins, left, of God’s Way engages in a video conference with Richard Llanez using an app called Zoom on Wednesday in his home. Perkins uses Zoom to connect with an audience and speaks about the Holy Bible. Ector County Hospital District recently had their bonds downgraded by Fitch Ratings and received an Issuer Default Rating.ECHD’s rating was downgraded from BBB to BB+, with an Issuer Default Rating, and Fitch revised the rating outlook from negative to stable, a Fitch Ratings press release stated.The district had a weak fiscal 2016 and 2017 performance reflected a decline in the regional economy since recovered and an electronic medical record implementation in fiscal 2017, the release stated.Fitch expects the hospital district to improve profitability and operating margins with the hospital under new leadership, and with the return of CFO Robert Abernethy, creating an experienced management team, which changed the outlook rating from negative to stable, the release stated. Local NewsGovernment Facebook Pinterestlast_img read more


Chilean Air Force War College Visits USSOUTHCOM

Posted On Dec 20 2020 by

first_imgBy Dialogo February 18, 2010 Students from the Chilean Air Force War College visited USSOUTHCOM headquarters in Miami on February 16 to attend a special briefing on U.S. government relief efforts in Haiti, following the January 12th earthquake that rocked the small Caribbean nation. Ambassador Paul Trivelli, Civilian Deputy to the Commander, USSOUTHCOM, provided a presentation on the joint and inter-agency operations involved in the disaster relief task force in Haiti, called Operation Unified Response. Trivelli explained that USSOUTHCOM coordinated the U.S. military response to the urgent need for aid responding to the guidelines established by the U.S. Department of State’s branch for humanitarian assistance, USAID, and working alongside the United Nations and the international community. The U.S. military support focused on restoring the capabilities of the seriously damaged airport and docking facilities at the port of the Haitian capital Port au Prince, in order to rapidly ensure the distribution of relief supplies. A large sea-based operation flew in humanitarian assistance teams by helicopter to distribute food, water and medical supplies, while the U.S. hospital ship, Comfort, tended to thousands of seriously injured patients. Chile has a contingent in Haiti as part of the United Nations Stabilization Mission (MINUSTAH) in the country and quickly deployed additional aid to the battered country to provide emergency disaster relief and rescue teams to retrieve survivors. Brigadier General Hugo Pena-Leiva, Director of the Chilean Air Force War College, praised the efforts of USSOUTHCOM in coordinating the response to the challenges presented by dealing with a natural disaster of unprecedented proportions in the history of the Western Hemisphere.last_img read more