Friday, November 18, 2016

Fitch Assigns First-Time 'BB-' Rating to MedImpact; Outlook Positive

(The following statement was released by the rating agency)

CHICAGO, November 18 (Fitch) Fitch Ratings has assigned a 'BB-'

Issuer Default

Rating to MedImpact Holdings, Inc. and its issuing subsidiary,

MI OpCo Holdings,

Inc. The Rating Outlook is Positive.

A full list of rating actions follows at the end of this

release.

KEY RATING DRIVERS

Smaller Scale in Consolidated Industry: MedImpact is a top-5

pharmacy benefit

manager (PBM) but is significantly smaller than its three

largest competitor

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