Fitch Ratings has downgraded the rating to "BBB+" from "A-" on South Weymouth, Mass.-based South Shore Hospital's following bonds:
- $17.3 million of series 1999F bonds
- $8 million of series 1992D bonds
The downgrade is based on a number of factors, including a material debt increase.
Fitch also assigned a "BBB+" rating to South Shore Hospital's series H (2016) bonds, affecting approximately $110.1 million.