Fitch affirms Catholic Health Services of Long Island's 'BBB+' rating

Fitch Ratings has affirmed the "BBB+" rating on Rockville Centre, N.Y.-based Catholic Health Services of Long Island's following bonds:

  • $80.4 million of series 2014 bonds
  • $48.2 million of series 2014B bonds
  • $41.2 million of series 2014C bonds
  • $173 million of series 2011 bonds
  • $60.2 million of series 2011 bonds
  • $31.4 million of series 1999B bonds

The rating affirmation is based on several factors, including the system's improved operating performance and solid liquidity.

The outlook is stable.

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