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Article: Fitch Rates Essentia Health (Minnesota) $397MM Revs 'A-'; Outlook Stable.
- Article from:
- Business Wire
- Article date:
- February 11, 2008
CopyrightCOPYRIGHT 2008 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)
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NEW YORK -- Fitch has assigned an underlying rating of 'A-' on approximately $397.2 million of health care facilities variable-rate demand revenue bonds, series 2008 issued on behalf of Essentia Health (Essentia) (formerly known as the Benedictine Health System-St. Mary's Duluth Clinic Health System Obligated Group) by the following issuers:
--$122,750,000 Cass County, North Dakota
--$12,975,000 Wisconsin Health and Educational Facilities Authority
--$ 261,455,000 Minnesota Agricultural and Economic Development Board
Fitch also affirmed its underlying rating on $326.4 million of outstanding debt issued on behalf of Essentia Health at ...