Fitch assigns 'AA+' issuer rating to Ascension Health Alliance

Fitch Ratings assigned an "AA+" issuer default rating to St. Louis-based Ascension Health Alliance and affirmed its "F1+" short-term rating the system's variable rate demand bonds.

Concurrently, Fitch affirmed its "AA+" rating on Ascension's senior and subordinate bonds, affecting $7.6 billion of debt.

The rating reflects Ascension's strong financial profile and significant presence in several key markets.

The rating outlook is stable.

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