Fitch assigns ‘BB+/RR1’ rating to HCA’s senior secured notes

Fitch Ratings assigned a “BB+/RR1” rating to Nashville, Tenn.-based HCA Healthcare’s proposed senior secured notes issuance. The ratings apply to $31.7 billion of outstanding debt.

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The ratings assignment is based on a number of factors, including  HCA’s industry-leading operating margins and consistent cash flow.

The outlook is stable, reflecting Fitch Ratings’ expectation that HCA will retain its strong market position.  

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