S&P assigns 'AA-' rating to Sutter Health's bonds

Standard & Poor's Ratings Services has assigned an "AA-" long-term rating to Sacramento, Calif.-based Sutter Health's $500 million of series 2016A revenue bonds.

"The rating on Sutter Health reflects a strong enterprise profile largely in northern California, combined with a solid financial profile," said S&P credit analyst Martin Arrick.

The outlook is stable, reflecting S&P's view of Sutter's comprehensive physician strategy and strong market presence in northern California.

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