Fitch Rates Ascension Health's $1.6B Bonds 'AA'; Outlook Stable.

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Fitch Rates Ascension Health's $1.6B Bonds 'AA'; Outlook Stable.

Business Editors

WASHINGTON--(BUSINESS WIRE)--Feb. 19, 2003

Ascension Health's approximately $1.6 billion series 2003 revenue bonds (listed below), are rated 'AA' by Fitch Ratings. The Rating Outlook is Stable. Certain series 2003 bonds are expected to be insured by MBIA and Ambac, whose insurer financial strength is rated 'AAA' by Fitch. In addition, Ascension's outstanding parity issues of approximately $3.1 billion are affirmed a...

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