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Fitch Affirms Palisades Medical Center (NJ) Revs at 'BBB'; Outlook Stable

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'BBB' rating on the following revenue bonds issued by the New Jersey Health Care Facilities Financing Authority on behalf of the Palisades Medical Center Obligated Group (PMC): --$46,265,000 series 2013 revenue and refunding bonds. The Rating Outlook is Stable. SECURITY The bonds are secured by a gross receipts pledge of the obligated group (OG), a first mortgage on both the medical center and the long term care facility and a debt servi

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