S&P revises Trinity Health’s outlook to stable

S&P Global Ratings revised Minot, N.D.-based Trinity Health’s outlook to stable from negative.

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“The revision to stable outlook reflects Trinity Health’s improved operations and balance sheet through fiscal 2016, increasing Trinity Health’s financial position in the expectation of a sizable debt issuance within the next year,” said S&P analyst Kevin Holloran.

S&P also affirmed the “BBB-” rating on Trinity Health’s series 2006 revenue bonds.

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