Fitch affirms ‘BB’ rating on Guadalupe Regional Medical Center’s bonds

Fitch Ratings affirmed its “BB” rating on Seguin, Texas-based Guadalupe Regional Medical Center’s series 2015 hospital mortgage revenue, refunding and improvement bonds, affecting $115.4 million of debt.

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The affirmation is a result of several positive and negative factors, including the medical center’s strong reliance on government payers, competitive service area, heavy debt burden and improved liquidity metrics.

The outlook is stable. 

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