Fitch affirms Mount Sinai Hospital’s ‘A’ rating

Fitch Ratings has affirmed the “A” rating on New York City-based Mount Sinai Hospital’s following bonds:

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  • $112 million of series 2013 tax-exempt revenue bonds
  • $62.5 million of series 2011A revenue bonds
  • $293.2 million of series 2010A revenue bonds

The rating affirmation is based on a number of factors, including Mount Sinai’s manageable debt burden, effective physician recruitment efforts and strong reputation in the New York market.

The outlook is stable.

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