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Published on 8/11/2021 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

Fitch revises Tenet view to positive

Fitch Ratings said it revised Tenet Healthcare Corp.'s outlook to positive from stable and affirmed its ratings, including its long-term issuer default rating at B.

“The positive outlook reflects Tenet reducing gross debt by $1.1 billion via unrestricted cash and Fitch's expectation that leverage should improve further growth in operating EBITDA,” Fitch said in a press release.


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