Fitch affirms MaineGeneral Health’s ‘BBB-‘ rating

Fitch Ratings has affirmed the “BBB-” rating on Augusta-based MaineGeneral Health’s series 2011 revenue bonds, affecting $280.75.

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The rating affirmation is based on a number of factors, including MGH’s solid market platform and weak but improving profitability. Challenges for MGH include its weak liquidity position and heavy debt burden.

The outlook is negative.

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