|
|
Article: Fitch Ratings Affirms Community Health Systems, Inc.'s IDR at 'BB'; Outlook Stable.
- Article from:
- Business Wire
- Article date:
- October 17, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
NEW YORK -- Fitch affirms Community Health Systems, Inc. (Community Health) as follows:
-- Issuer Default Rating (IDR) 'BB';
-- Senior secured bank facility 'BB';
-- Senior subordinated notes 'B+'.
The Rating Outlook is Stable.
The rating action is driven by strong company specific operating results despite industry pressures of increasing bad debt and lower patient volumes. Community Health maintains solid free-cash-flow (FCF), with $135.8 million generated for the last twelve months ended June 30, 2006. Fitch expects Community Health to achieve its FCF target between $155 and $190 million for the full year 2006. The company ...
Related newspaper, magazine, and journal articles:
|
|
Article: Community Health Systems to Participate in ...
Biotech Week;
November 11, 2009 ;
690 words
...Community Health Systems, Inc. (NYSE:CYH) announced ... in New York City (see also Community Health Systems, Inc.). The investor presentation ... Tennessee, suburb of Franklin, Community Health Systems, Inc. is the largest publicly ...
|
|