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Fitch Rates Universal Health Tata Martino Services' $600MM Bond Offering | | (The following statement was released by the rating agency) CHICAGO, July 29 (Fitch) Fitch Ratings has assigned a 'BBB-' rating to the $600 million of senior secured bonds issued by Universal Health Services, Inc. (NYSE UHS), consisting of $300 million due 2019 and $300 million due 2022. The proceeds are expected to be used to refinance existing indebtedness. Assuming substantially all the debt proceeds are used for refinancing, Fitch views the transaction as favorable to UHS's credit profi |
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