NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'BBB' rating on the following Karnes County Hospital District (TX) bonds, issued on behalf of Karnes County Hospital District (KCHD, dba Otto Kaiser Memorial Hospital): --$46 million hospital revenue bonds, series 2014. The Rating Outlook is Stable. SECURITY A pledge of gross revenues (excluding ad valorem tax revenues) of the hospital district, with additional security provided by a mortgage and a debt service reserve. KEY RATING DRIVER
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