S&P assigns ‘AA’ rating to Cincinnati Children’s Hospital Medical Center’s bonds

S&P Global Ratings assigned an “AA” long-term rating to Cincinnati Children’s Hospital Medical Center’s $53.6 million of series 2016X bonds and $100 million of series 2016Y bonds.

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“The ‘AA’ rating reflects our view of such factors as Cincinnati Children’s good geographic revenue dispersion and robust and improving operating performance,” said S&P analyst Suzie Desai.

The outlook is stable, reflecting S&P’s view of Cincinnati Children’s Hospital Medical Center’s excellent enterprise profile, and robust cash flow.

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