Moody's Investors Service assigned an "Aa2" rating to Seattle Children's Healthcare System's proposed $114 million of series 2017A fixed-rate revenue bonds.
The ratings agency also affirmed the "Aa2" ratings on SCHS' rated parity debt, affecting $443 million of revenue bonds.
The ratings assignment is based on a variety of factors including SCHS' strong operating performance, balance sheet measures and clinical competencies.
The outlook is stable, reflecting Moody's Investors Service's expectation SCHS' overall profitability will remain strong in support of favorable debt coverage measures and that its debt measures will improve over time.