Fitch affirms Silver Cross Health System’s ‘BBB+’ rating

Fitch Ratings has affirmed the “BBB+” rating on New Lenox, Ill.-based Silver Cross Health System’s following bonds:

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  • $283 million of series 2015C revenue refunding bonds
  • $82 million of series 2008A revenue refunding bonds

The rating affirmation is based on a number of factors, including Silver Cross’ steadily improving operating performance and improved liquidity.

The outlook is stable.

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