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Article Excerpt
Fitch Ratings has affirmed its 'AA-' long-term rating on Adventist Health System Sunbelt (Adventist), Florida's outstanding indebtedness and has affirmed its 'F1+' rating on Adventist's outstanding variable rate indebtedness supported by self-liquidity. The Rating Outlook is Stable.
Upon conversion of a portion of the Highlands County Health Facilities Authority long-term adjustable rate hospital revenue bonds, series 2005I on Nov. 16, 2009 into fixed rate bonds, Fitch is expected to assign an 'AA-' rating to the $52,400,000 Highlands County Health Facilities Authority hospital revenue bonds, series 2005I and is expected to assign an 'AA-' rating and a 'F1+' short-term rating to the $125,000,000 Highlands County Health Facilities Authority variable rate demand hospital revenue bonds,...
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