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Fitch rates Hackensack University Medical Center, N.J., bonds A-
Fitch Ratings said it assigned a rating of A- to New Jersey Health Care Facilities Financing Authority's $85 million of series 2008 revenue bonds for Hackensack University Medical Center.
The bonds are expected to sell the week of Feb. 18 as fixed-rate bonds. For some issues, the A- will be an underlying rating.
Fitch also affirmed its A- rating on the center's approximately $440.7 million of outstanding parity debt.
The outlook is stable.
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