Fitch affirms Mosaic Life Care’s ‘A+’ rating, removes negative rating watch

Fitch Ratings affirmed the “A+” rating and removed the negative rating watch on St. Joseph, Mo.-based Mosaic Life Care’s following bonds:

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  • $68.8 million of series 2009A bonds
  • $50 million of series 2012 bonds

The affirmation and removal are based on several factors, including Mosaic’s strong liquidity, and solid market position.

The outlook is stable.

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