Friday, November 25, 2016

Fitch Affirms Derby Healthcare's GBP446.6m Bonds at 'BBB'; Outlook Stable

(The following statement was released by the rating agency)

LONDON, November 25 (Fitch) Fitch Ratings has affirmed Derby

Healthcare PLC's

(DHC) GBP446.6m bonds, maturing in 2041, at 'BBB'. The Outlook

is Stable.

The rating primarily reflects stable availability-based revenues

from a

creditworthy counterparty and low cost risk due to pass-through

to contractors.

The project's stability is evidenced by robust operational

performance with

minimum deductions and strong relationship shown between

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