Fitch affirms Munson Healthcare's 'AA-' rating

Fitch Ratings affirmed the "AA-" rating on Traverse City, Mich.-based Munson Healthcare's following bonds:

  • $60.2 million of series 2014 A, B and C bonds
  • $24.8 million of series 2011B bonds
  • $73.5 million of series 2011A bonds

The rating affirmation is based on a number of factors, including Munson's leading market position, solid liquidity and track record of operating profitability.

The outlook is stable.

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