Fitch upgrades Bryan Health’s rating to ‘AA-‘ from ‘A+’

Fitch Ratings has upgraded the rating to “AA-” from “A+” on Lincoln, Neb.-based Bryan Health’s following revenue bonds:

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  • $37 million of series 2006 fixed rate bonds
  • $10.9 million of series 2008A fixed rate bonds
  • $35 million of series 2008B-1 variable rate demand bonds
  • $34.9 million of series 2008B-2 variable rate demand bonds
  • $11.5 million of series 2008C variable rate demand bonds

The rating upgrade is based on several factors, including continued financial strengthening, market share growth and a low debt burden.

The outlook is stable.

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