Fitch rates Advocate Health, Ill., bonds AA

Fitch Ratings said it assigned an AA long-term rating to Advocate Health Network's expected issue of about $625 million of series 2008 bonds to be issued through the Illinois Finance Authority.

Fitch also said it assigned an F1+ short-term rating to about $152.5 million of series 2008C multi-annual put bonds.

In addition, Fitch said it upgraded the long-term ratings to AA from AA- on Advocate's approximately $775 million of outstanding bonds and affirmed the F1+ short-term rating on about $69 million of series 2003A and 2003C annual put based on Advocate's internal liquidity.

The outlook is stable.

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