Financial Management

Fitch affirms Mount Sinai Medical Center’s ‘BBB+’ rating

Fitch Ratings has affirmed the “BBB+” rating on Miami Beach, Fla.-based Mount Sinai Medical Center’s following bonds:

By: Staff

Friday, July 1st, 2016

$179.4 million of series 2014 bonds
$119.2 million of series 2012 bonds

The rating affirmation is based on a number of factors, including MSMC’s solid financial performance and expanding market footprint.

The outlook is stable.

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