Fitch Upgrades Appalachian Regional Healthcare (Kentucky) to 'BB'; Outlook Stable

NEW YORK--(BUSINESS WIRE)--In the course of its ongoing surveillance efforts, Fitch upgrades to 'BB' from 'BB-' the following bond issued on behalf of Appalachian Regional Healthcare (ARH): --$61,545,000 Kentucky Economic Development Finance Authority refunding and improvement revenue bonds (Appalachian Regional Healthcare, Inc.) series 1997 The Rating Outlook is Stable. SECURITY Bonds are secured by a pledge of gross revenues of the system, which is weak for the rating level. KEY RATING DRIVERS

Feed Date: 
Thu, 2012-02-23 19:05