Fitch affirms ‘AA-‘ rating on Bayhealth Medical Center’s bonds

Fitch Ratings affirmed its “AA-” rating on Dover, Del.-based Bayhealth Medical Center’s series 2009A revenue bonds issued by the Delaware Health Facilities Authority, affecting $127 million of debt.

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The affirmation is a result of several factors, including the medical center’s favorable profitability, healthy liquidity measures, strong market position and on track expansion project.

The outlook is stable. 

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