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Fitch downgrades HCA, rates loans BB, note B
Fitch Ratings said it downgraded HCA, Inc.'s issuer default rating to B from B+ and senior unsecured notes to CCC+ with a recovery rating of RR6 from BB+ and removed them from Rating Watch negative following the completion of its leveraged buyout.
The agency also assigned BB/RR1 ratings to the company's asset-based facility, euro term loan, and secured bank facility and a B/RR4 rating to its second-lien notes.
The outlook is now stable.
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