KBRA Assigns BBB-, Stable Outlook to Westchester County Health Care Corporation, NY Revenue Bonds
KBRA assigns a long-term rating of BBB- with a Stable outlook to Revenue Bonds, Series 2023 (Westchester Medical Center Obligated Group Project) issued by the Westchester County Local Development Corporation, NY on behalf of Westchester County Health Care Corporation ("the Corporation").
- KBRA assigns a long-term rating of BBB- with a Stable outlook to Revenue Bonds, Series 2023 (Westchester Medical Center Obligated Group Project) issued by the Westchester County Local Development Corporation, NY on behalf of Westchester County Health Care Corporation ("the Corporation").
- The rating was assigned because of the following key credit considerations:
Expansive size and scope of operations, which facilitates volume growth and net patient revenue generation. - Manageable future capital needs beyond the current project, none of which are expected to be debt financed.
- Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com.