Fitch switches ‘rating watch evolving’ CNE note to positive outlook

FITCH RATINGS has replaced the ratings watch evolving note from Care New England with a positive outlook.
PROVIDENCE – Fitch Ratings Inc. has removed the “rating watch evolving” note from Care New England’s credit rating, replacing it with a positive outlook and affirming the BB rating status for two of its bonds set in 2017. Care New England’s credit rating for the bonds dropped from BBB- to BB due to CNE’s previous operating…

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