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Fitch Rates East Ridge Retirement Village (FL) Revs 'BB'; Outlook Stable

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CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'BB' rating on the following Alachua County Health Facilities Authority (FL) bonds expected to be issued on behalf of East Ridge Retirement Village (ERRV): --$68.2 million health facilities revenue bonds, series 2014. The Rating Outlook is Stable. SECURITY The bonds are secured by a pledge of gross revenues and receivables of the obligated group (OG; ERRV is the only member), a first mortgage lien on all current and future property of the

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