S&P assigns ‘AA-‘ rating to Mission Health’s bonds

S&P Global Ratings has assigned an “AA-” rating to Asheville, N.C.-based Mission Health’s series 2016 and 2017 bonds.

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“The rating reflects our view of Mission Health’s solid balance sheet, stable business position and pro forma maximum annual debt service coverage that is sufficient for the rating,” said S&P analyst Jessica Goldman.

The outlook is stable, reflecting S&P’s expectation that Mission Health will maintain its profitable operations.

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