Fitch assigns 'AA-' rating to Allina Health System's bonds

Fitch Ratings assigned an "AA-" rating to Minneapolis-based Allina Health System's bonds.

The bonds include:

  • $150,000,000 of series 2017 fixed-rate taxable revenue bonds
  • $81,200,000 series 2017A tax-exempt, fixed-rate revenue bonds

Fitch also affirmed the "AA-" rating on the health system's outstanding debt.

The ratings assignment is based on a number of factors, including the health system's large, comprehensive delivery model and new joint venture health plan.

The outlook is stable.

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