Fitch Rates UMass Memorial Health Care Series 2016I Revs 'A-'; Outlook Stable

NEW YORK–(BUSINESS WIRE)–Fitch Ratings assigns an ‘A-‘ rating to the following revenue bonds issued by the Massachusetts Developmental Finance Agency on behalf of UMass Memorial Health Care, Inc. (UMMHC or the system): –$177,000,000 Massachusetts Development Finance Agency (MDFA) revenue bonds, 2016I The Rating Outlook is Stable. The series 2016I will be issued as fixed-rate bonds with final maturity in 2040. Proceeds will be used to refund UMMHC’s series 2005D and 1998A bonds and provide $6
Source: BusinessWire-Primary

Fitch Rates UMass Memorial Health Care Series 2016I Revs 'A-'; Outlook Stable