Fitch affirms ‘A-‘ rating on Anne Arundel Health System’s bonds

Fitch Ratings affirmed the “A-” rating on Annapolis, Md.-based Anne Arundel Health System’s following bonds:

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  • $122.6 million of series 2014 bonds
  • $67.4 million of series 2012 bonds
  • $76.4 million of series 2010 bonds
  • $60 million of series 2009B bonds

The rating affirmation is based on a number of factors, including AAHS’ solid profitability and affiliation with “AA-“-ranked Johns Hopkins Health System in Baltimore.

The outlook is stable.

More hospital outlook and credit rating actions:
S&P assigns ‘A’ rating to Covenant Health’s bonds
Moody’s assigns ‘Aa2’ rating to Nationwide Children’s Hospital’s bonds
Fitch affirms ‘BB’ rating on HCA’s IDR

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