Fitch assigns 'AA' rating to Children's Health System of Texas's bonds

 Fitch Ratings assigned its "AA" rating to Dallas-based Children's Health System of Texas' proposed $327.66 million series 2017A revenue bonds and $25.32 million series 2017A taxable bonds.

At the same time, Fitch affirmed its "AA" rating on CHST's series 2012 and series 2009 bonds, affecting $344 million of debt.

The affirmation and assignment are a result of several factors, including the health system's dominant market position, favorable operating margins, manageable debt buden and strong liquidity metrics.

The outlook is stable. 

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.


Featured Whitepapers

Featured Webinars