S&P assigns 'BBB+' rating to Palmetto Health's bonds

Standard & Poor's Ratings Services has assigned a "BBB+" rating to Columbia, S.C.-based Palmetto Health's series 2016 bonds.

This reflects Palmetto's dominant market share, increasing volumes and improved operating performance in fiscal year 2015.

The outlook is stable, reflecting S&P's view of Palmetto's continued dominant market position and acceptable financial performance.

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