Fitch assigns ‘AA-‘ rating to Rady Children’s Hospital’s bonds

Fitch Ratings has assigned an “AA-” rating to San Diego-based Rady Children’s Hospital’s following bonds:

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  • $32.7 million of series 2016A revenue bonds
  • $23.2 million of series 2016B revenue bonds

The rating assignment is based on several factors, including its sustained financial profile and dominant market position.

The outlook is stable.

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