The bonds include:
- $28.4 million of variable-rate demand revenue series 2002 bonds
- $27.9 million of variable-rate demand revenue series 2003 bonds
- $41.1 million of variable-rate demand revenue series 2006 bonds
The ratings affirmation is based on a number of factors, including the health system’s solid financial profile and leading market position, according to Fitch.
The outlook is stable.
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Moody’s affirms ‘A1’ rating on Hawaii Pacific Health’s bonds