1. Moody’s upgrades PinnacleHealth System’s rating to ‘A2’
Moody’s Investors Service upgraded Harrisburg, Pa.-based PinnacleHealth System’s rating to “A2” from “A3,” affecting nearly $300 million of debt.
2. Moody’s assigns ‘Aa3’ rating to Franciscan Alliance’s bonds
Moody’s Investors Service assigned an “Aa3” rating to Mishawaka, Ind.-based Franciscan Alliance’s proposed series 2016A and series 2016B bonds, affecting $180.7 million and $87.7 million, respectively.
3. Fitch assigns ‘AA’ rating to Franciscan Alliance’s bonds
Fitch Ratings assigned an “AA” rating to Mishawaka, Ind.-based Franciscan Alliance’s bonds.
4. Moody’s affirms Mountain States Health Alliance’s ‘Baa1’ rating
Moody’s Investors Service affirmed the “Baa1” rating on Johnson City, Tenn.-based Mountain States Health Alliance’s $630 million of outstanding rated debt.
5. S&P assigns ‘A-‘ rating to University of Vermont Medical Center’s bonds
Standard & Poor’s Ratings Services assigned an “A-” long-term rating to Burlington-based University of Vermont Medical Center’s series 2016 refunding bonds, affecting $72.6 million.
6. Fitch assigns ‘AA-‘ rating to Sutter Health’s bonds
Fitch Ratings assigned an “AA-” rating on Sacramento, Calif.-based Sutter Health’s series 2016A revenue bonds, affecting approximately $500 million.
7. Fitch assigns ‘AA’ rating to Indiana University Health’s bonds
Fitch Ratings assigned “AA” ratings to Indianapolis-based Indiana University Health’s bonds.
8. Moody’s upgrades UMass Memorial Health Care’s rating to ‘Baa3’
Moody’s Investors Service upgraded the rating on Worcester-based UMass Memorial Health Care’s revenue bonds to “Baa3” from “Ba1,” affecting approximately $265 million of outstanding rated debt.
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