Fitch assigns 'BBB-' rating to Oaklawn Hospital's bonds

Fitch Ratings has assigned a "BBB-" rating to Marshall, Mich.-based Oaklawn Hospital's $79 million of series 2016 fixed rate revenue bonds.

The rating assignment is based on a number of factors, including Oaklawn's rebound in operating margins in fiscal years 2015 and 2016.

The outlook is stable.

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