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Prospect News home > News index > List of issuers C > Headlines for Centene Corp. > News item |
Fitch changes Centene view to positive
Fitch Ratings said it changed the outlook to positive from stable and affirmed Centene Corp.'s BBB-long-term issuer default rating and its senior unsecured notes at BB+.
“The positive rating outlook reflects favorable operating performance through the challenging pandemic environment, expectations of reduced financial leverage in the year following CNC's proposed acquisition of Magellan Health, Inc., and a continued strong business profile anchored by an industry leading Medicaid position,” Fitch said in a press release.
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