Fitch affirms ‘BBB-‘ rating for Prime Healthcare

Fitch Ratings assigned a “BBB-” issuer default rating on Ontario, Calif.-based Prime Healthcare and affirmed its “BBB-” rating on outstanding bonds.

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The rating is a reflection of  Prime Healthcare’s good liquidity and relatively moderate leverage, though it also acknowledges the expectation of potential volatility.

The rating outlook has been revised from negative to stable.

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