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Fitch Rates General German Aged People's Home of Baltimore (MD) 'BBB'; Outlook Stable

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned a 'BBB' rating to the following bonds expected to be issued by the Maryland Health and Higher Education Facilities Authority on behalf of General German Aged People's Home of Baltimore (Edenwald): --$49,365,000 revenue refunding bonds, series 2015. The Rating Outlook is Stable. The series 2015 bonds are expected to be issued as fixed-rate bonds. Bond proceeds, along with the release of the 2006A DSRF and other trustee-held funds, will be use

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