Fitch assigns ‘A-‘ rating to NYU Hospitals Center’s bonds

Fitch Ratings has assigned an “A-” rating to New York City-based New York University Hospitals Center’s $153 million of series 2016A revenue refunding bonds.

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The rating assignment is based on a number of factors, including NYUHC’s strong market position, solid operating results and stable liquidity.

The outlook is stable.

Fitch also affirmed the “A-” rating on approximately $1.3 billion of NYUHC’s taxable and non-taxable parity debt.

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