Fitch Ratings has affirmed the ‘AA’ long-term ratings for Sarasota County Public Hospital District’s outstanding debt.
Fitch rates about $277.3 million of the district’s outstanding debt, according to a bond document filing. The rating outlook is stable.
The bonds are secured by an interest in net revenue, not tax revenue.
Sarasota Memorial Hospital district’s financial profile is highlighted by strong balance street indicators, good operating profitability and satisfactory debt service…
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