Fitch affirms Martin County Hospital District’s ‘BBB’ rating

Fitch Ratings has affirmed the “BBB” rating on Stanton, Texas-based Martin County Hospital District’s series 2011A and 2011B combination limited tax and revenue bonds, affecting approximately $20.6 million.

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The rating affirmation is based on several factors, including the district’s dependency on tax revenues and improving competitive position.

The outlook is stable.

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