Fitch assigns ‘AA’ rating to St. Elizabeth Medical Center’s bonds

Fitch Ratings has assigned an “AA” rating to Edgewood, Ky.-based St. Elizabeth Medical Center’s series 2016 bonds, affecting approximately $83.7 million.

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The rating assignment is based on several factors, including SEMC’s strong financial profile and market dominance.

Fitch also affirmed the “AA” rating on SEMC’s following bonds:

  • $89 million of series 2009A fixed rate bonds
  • $31.3 million of series 2009B variable rate bonds

The outlook is stable.

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