News Headlines Article

Sutter Health’s new $500M bond gets thumbs-up from rating agencies
Sacramento Business Journal

Sutter Health has received favorable ratings for $500 million in fixed-rate 30-year bonds it will use to refinance existing debt. Fitch Ratings has assigned an “AA-” rating to the issuance and Moody’s Investors Service assigns an “Aa3” rating. The bonds are to be issued by the California Health Facilities Financing Authority with an expected sale date of Jan. 12.