S&P places MetroHealth System's 'A-' bonds on CreditWatch

Alyssa Rege -

S&P Global Ratings placed the "A-" long-term rating on Cleveland-based MetroHealth System's series 2009B taxable hospital revenue bonds on CreditWatch with negative implications.

"The CreditWatch placement reflects our view of the potential for additional debt and related project risk in the near future, with additional details becoming available within 90 days," said S&P analyst Suzie Desai.

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