Fitch Ratings has affirmed the "BB+" rating on Escondido, Calif.-based Palomar Health's following outstanding debt:
- $159.8 million of series 2010 certificate of participation bonds
- $229.2 million of series 2009 certificate of participation bonds
- $171.8 million of series 2006A-C certificate of participation bonds
The rating affirmation is based on a number of factors, including Palomar's continued improved operating performance and solid market position.
The outlook is stable.
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