Fitch affirms Temple University Health System's 'BB+' rating

Fitch Ratings has affirmed the "BB+" rating on Philadelphia-based Temple University Health System's following bonds:

  • $307.8 million of series 2012A and 2012B bonds
  • $205.8 million of series 2007A and 2007B bonds

The rating affirmation is based on several factors, including TUHS' improved operating performance and moderate leverage.

The outlook is revised to positive from stable.

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