Fitch Ratings has assigned an "A-" rating to Lafayette (La.) General Health System's following bonds:
- $70 million of 2016A hospital revenue and refunding bonds
- $31.2 million of series 2016B hospital revenue and refunding bonds
- $84.8 million of series 2010 hospital revenue bonds
The rating assignment is based on several factors, including steady financial performance and LGHS' acquisition of Lafayette, La.-based Regional Medical Center of Acadiana.
The rating outlook is stable.