Fitch affirms Valley Medical Center’s ‘BBB+’ rating

Fitch Ratings has affirmed the “BBB+” rating on Renton, Wash.-based Valley Medical Center’s $17.5 million of series 2010A bonds and $61.2 million of series 2010B bonds.

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The rating is based on a number of factors, including VMC’s continued growth in volume and strategic alliance with Seattle-based University of Washington Medicine.

The outlook is stable.

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