Vanguard Says Doesn’t Have to Go to Debt Market

Vanguard Health Systems has no definitive plan or need to access the debt markets, said Phillip Roe, the company’s executive vice president, CFO and treasurer, responding to speculation by analysts that it may need to issue to cover a spending gap. The company has significant liquidity to fund its operating needs and committed capital expenditure needs, Roe said in a telephone interview yesterday.

Read more>>

Bloomberg BRIEF Newsletters