Fitch affirms Western Connecticut Health Network's bonds

Fitch Ratings has affirmed the 'A' rating on the following bonds issued by the State of Connecticut Health and Educational Facilities Authority on behalf of Brookfield-based Western Connecticut Health Network.

  • $41 million of series H revenue bonds
  • $46 million of series M revenue bonds
  • $38.6 million of series N revenue bonds

The rating affirmation is based on a number of factors, including WCHN's moderate debt position and strong market presence after its 2014 acquisition of Norwalk (Conn.) Hospital.

The rating outlook is stable.

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