Fitch rates Calif. Kaiser Permanente bonds A+/F1

Fitch Ratings said it assigned ratings of A+/F1 to the approximately $500 million of California Statewide Communities Development Authority's revenue bonds, series 2008A, B and C, issued on behalf of Kaiser Permanente.

The outlook is stable.

Sale of the bonds is expected by negotiation during the week of April 28.

Fitch also it affirmed the A+ and A+/F1 ratings on Kaiser's approximately $4.2 billion of outstanding parity debt and the A+ insurer financial strength ratings on Kaiser's rated insurance affiliates.

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