The bonds include:
- $150,000,000 of series 2017 fixed-rate taxable revenue bonds
- $81,200,000 series 2017A tax-exempt, fixed-rate revenue bonds
Fitch also affirmed the “AA-” rating on the health system’s outstanding debt.
The ratings assignment is based on a number of factors, including the health system’s large, comprehensive delivery model and new joint venture health plan.
The outlook is stable.
More articles on healthcare finance:
Moody’s downgrades rating on CHI’s debt to ‘Baa1’
Moody’s affirms ‘A3’ rating on Torrance Memorial Medical Center’s bonds
Moody’s assigns ‘Aa3’ rating to Allina Health System’s bonds
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