Fitch Ratings affirmed the "A" rating on Scottsdale, Ariz.-based HonorHealth's outstanding debt, including its:
- $336.8 million of series 2014A bonds
- $52.4 million of series 2008A bonds
- $89.4 million of series 2006F bonds
- $58.2 million of series 2006C bonds
HonorHealth is the new entity formed after Scottsdale (Ariz.) Healthcare Hospitals and Phoenix-based John C. Lincoln Health Network merged in 2015.
The rating affirmation is based on a number of factors, including HonorHealth's adequate financial performance and solid geographic footprint.
The outlook is stable.