Fitch Ratings has affirmed the "BBB-" rating on the following bonds issued by Norman (Okla.) Regional Hospital Authority.
- $82.4 million of series 2007 hospital revenue bonds
- $67 million of series 2005 hospital revenue bonds
- $13.1 million of series 1996B hospital revenue select auction variable rate securities
The rating affirmation is based on several factors, including strengthening liquidity and a leading market position in its primary service area.
The rating outlook has been revised to positive from stable, reflecting Fitch's expectation of continued solid operating profitability.