Fitch affirms 'BBB+' on Lowell General Hospital's revenue bonds

Fitch Ratings affirmed its "BBB+" rating on Lowell (Mass.) General Hospital's series G revenue bonds, affecting $65.4 million of debt.

Concurrently, Fitch assigned its "BBB+" issuer default rating to LGH.

The affirmation and assignment are a result of several factors, including the hospital's leading inpatient market share, minimal capital needs, steady operating performance and improving leverage metrics.

The outlook is stable.

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