S&P assigns 'AA' rating to Sentara Healthcare's bonds

S&P Global Ratings assigned its "AA" long-term rating to Norfolk, Va.-based Sentara Healthcare's series 2018 revenue refunding bonds.

The assignment is a result of several factors, including Sentara Healthcare's strong operating margins, favorable unrestricted reserves, dominant market position and experienced management team.

The outlook is stable, reflecting the health system's excellent enterprise and financial profile.

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