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Fitch Upgrades Halifax Regional Medical Center (NC) Revs to 'BB+'; Outlook Remains Positive

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CHICAGO--(BUSINESS WIRE)--Fitch Ratings has upgraded the rating on North Carolina Medical Care Commission bonds issued on behalf of Halifax Regional Medical Center (HRMC) as follows: --$12.4 million hospital revenue bonds series 1998, to 'BB+' from 'BB'. HRMC has an additional $6.2 million in series 2011 direct placement bonds which Fitch does not rate. The Rating Outlook remains Positive. SECURITY The bonds are secured by a pledge of gross receipts, a negative mortgage lien, and a debt service

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