Fitch assigns ‘A’ rating to Northwell Health’s bonds

Fitch Ratings has assigned an “A” rating to New Hyde Park, N.Y.-based Northwell Health’s $500 million of series 2016A bonds.

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The rating assignment is based on a number of factors, including expanding footprint in the New York metropolitan area, manageable debt burden and modest but stable liquidity.

The outlook is stable.

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