Moody’s affirms Christiana Care’s ‘Aa2’ rating

Moody’s Investors Service affirmed the “Aa2” and “Aa2/VMIG 1” ratings for Newark, Del.-based Christiana Care, affecting $226 million of debt.

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The affirmation reflects the system’s large size and clinical depth, which will support the continuation of strong statewide market capture. Moody’s expects these strengths will translate to maintenance of solid margins and a growing balance sheet.

The rating outlook is stable.

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