S&P affirms Centene, debt

S&P said it affirmed the BB+ long-term issuer credit rating on Centene Corp., the BBB+ financial strength rating on its rated operating subsidiaries, and the BB+ rating on its unsecured debt.

The outlook is stable.

“The affirmation reflects our view that Centene's credit protection measures will remain relatively steady following its acquisition of Fidelis and that its business profile will remain strong,” the agency said in a news release.

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