Fitch Rates Landis Homes Retirement Community, (PA) Revenue Bonds 'BBB-'; Outlook Stable

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned a 'BBB-' rating for the following bonds to be issued by Lancaster County Hospital Authority on behalf of Landis Homes Retirement Community (Landis or LHRC): --$50.7 million series 2015 fixed-rate bonds. Bond proceeds are expected to be used to refund all of LHRC's existing debt, provide monies for a debt service reserve fund, and pay for costs of issuance. The bonds are expected to be sold via negotiated sale by BB&T Capital Markets duri

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