Fitch assigns 'A-' University of Vermont Medical Center's bonds

Fitch Ratings has assigned an "A-" rating to Burlington-based University of Vermont Medical Center's series 2016A revenue bonds, affecting $72.6 million.

The rating assignment is based on a number of factors, including UVMC's stable core operations and continued system expansion.

Offsetting these strengths is Burlington-based University of Vermont Health Network's need to maintain solid profitability.

The outlook is stable.

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