S&P revises Franciscan Missionaries of Our Lady Health System’s outlook to negative

S&P Global Ratings has revised the outlook to negative from stable and affirmed the “A+” rating on Baton Rouge, La.-based Franciscan Missionaries of Our Lady Health System’s bonds.

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“The outlook revision reflects our view of FMOLHS’ balance sheet, which will be depleted by the issuance of approximately $100 million to $125 million of debt in fiscal 2017,” said S&P analyst Allison Bretz.

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