Fitch places Gainesville Hospital District’s bonds on rating watch negative

Fitch Ratings revised the rating watch on the Gainesville Hospital District’s “A”-rated $19.7 million of series 2007 general obligation refunding bonds to negative from stable.

Advertisement

The rating revision is based on a number of factors, including the district’s decision to file for chapter nine bankruptcy and the district’s credit profile.

The Texas-based hospital district operates Gainesville-based North Texas Medical Center.

More articles on healthcare finance:
S&P assigns ‘AA’ rating to Boston Children’s Hospital’s bonds
Moody’s assigns ‘Aa2’ rating to Boston Children’s Hospital’s bonds
11 recent hospital outlook and credit rating actions

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.