Fitch Ratings affirmed the "AA-" rating on Greenville (S.C.) Health System's bonds.
The bonds include:
- $85.2 million of series 2014B hospital revenue bonds
- $92.9 million of series 2012 hospital refunding revenue bonds
- $43 million of series 2008A hospital revenue refunding bonds
- $60.6 million of series 2008B hospital revenue refunding bonds
- $60.6 million of series 2008C hospital revenue refunding bonds
- $53.1 million of series 2008D hospital revenue refunding bonds
- $80.5 million of series 2008E hospital revenue refunding bonds
- $15.7 million of series 1990 hospital revenue refunding bonds
The ratings affirmation is based on several factors, including GHS' transition from a public entity to a private nonprofit organization and positive underlying credit factors.
The outlook is stable.