Fitch Ratings assigned its "A+" rating to Carbondale-based Southern Illinois Healthcare's proposed $68 million series 2017C refunding bonds to be issued by the Illinois Finance Authority.
Additionally, Fitch affirmed the "A+" rating on Southern Illinois Healthcare's outstanding bonds issued by the Illinois Finance Authority, affecting $147 million of debt.
The affirmation and assignment are a result of several factors, including the health system's positive operating margins, feasible debt burden, solid market position and sufficient liquidity measures to cover debt.
The outlook is stable.