Fitch revises Edward-Elmhurst’s long-term rating to short term

Fitch Ratings revised its “A” long-term rating for Naperville, Ill.-based Edward-Elmhurst Healthcare’s series 2018 bonds and assigned the bonds an “F1” short-term rating.

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The rating change affects $78,565,000 in taxable bonds.

The short-term “F1” rating is based solely on the irrevocable direct-pay letter of credit provided by Barclays Bank to secure the bonds.

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