Moody’s affirms ‘A2′ rating on HealthPartners’ bonds

Moody’s Investors Service affirmed its “A2” rating on Bloomington, Minn.-based HealthPartners’ revenue bonds issued by the St. Paul Housing and Redevelopment Authority, affecting $353 million of debt.

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The affirmation is a result of several factors, including HealthPartners’ wide market reach, solid debt coverage, sufficient liquidity measures and diverse income streams.

The outlook is stable, reflecting Moody’s expectation that the health system will see operating margin improvements and solid liquidity reserves, despite a weaker fiscal year 2017. 

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