Fitch assigns 'AA' rating to Harris County Hospital District's bonds

Fitch Ratings has assigned an "AA" rating to Houston-based Harris County Hospital District's $157.8 million of series 2016 bonds.

The rating assignment is based on a number of factors, including HCHD's strong tax base, steady liquidity and manageable debt burden.

The outlook is stable.

Fitch also assigned an "AA" rating to HCHD's following bonds:

  • $62.8 million of series 2016 certificates of obligation
  • $93.9 million of series 2010 senior lien refunding bonds
  • $181.3 million of series 2007 senior lien refunding and revenue bonds

More hospital outlook and credit rating actions:
Moody's assigns 'Aa3' rating to UPMC's bonds
Moody's affirms Boston Children's Hospital's 'Aa2' rating
S&P raises Fort HealthCare's rating to 'BBB+'

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