Standard & Poor's Ratings Services has assigned an "AA" long-term rating to Rochester, Minn.-based Mayo Clinic's series 2016 fixed rate bonds, affecting $300 million.
"The long-term rating on the Mayo Clinic reflects an excellent enterprise profile as one of the country's leading health systems, with a diverse group of operating assets," said S&P credit analyst Martin Arrick.
The outlook is stable, reflecting S&P's view that Mayo Clinic's sound financial profile is sustainable over the next two years.
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