“The rating assignment reflects PSJH’s very strong enterprise profile characterized by excellent geographic and financial dispersion, generally strong market positions in its eight natural regionally centered markets and a strong, forward-looking management team that has moved very quickly to create a unified management and board structure for the newly formed organization,” said S&P analyst Martin Arrick.
The outlook is stable, reflecting S&P’s view of PSJH’s favorable enterprise profile and financial profile that has been historically consistent with the current rating.
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