Fitch assigns ‘A+’ rating to CentraCare’s bonds

Fitch Ratings has assigned an “A+” rating to St. Cloud, Minn.-based CentraCare Health System’s series 2016A revenue refunding bonds, affecting $203 million.

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The rating assignment is based on a number of factors, including CentraCare’s strong market position, solid liquidity and consistent operating profitability.

The outlook is stable.

Fitch Ratings also affirmed the “A+” rating on CentraCare’s $229 million of outstanding bonds.

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