E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers L > Headlines for LifePoint Hospitals Inc. > News item
Published on 6/25/2012 in the Prospect News Bank Loan Daily, Prospect News Convertibles Daily and Prospect News High Yield Daily.

Fitch affirms LifePoint

Fitch Ratings said it affirmed LifePoint Hospitals, Inc.'s issuer default rating at BB, secured bank facility at BB+, senior notes at BB and subordinated convertible notes at BB-. The outlook is stable.

The agency said the ratings reflect LifePoint's solid liquidity and its gross debt leverage, which at 3 times EBITDA at March 31 is the amongst the lowest in the for-profit hospital industry.

At the same time, organic operating trends in the for-profit hospital industry are weak, and Fitch expects them to remain so throughout 2012.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.