CHICAGO - The Cleveland Clinic Health System today enters the market with $375 million in fixed-rate revenue bonds, the first in a series of issues totaling $1.1 billion over the next few weeks.

In advance of the sale, Moody's Investors Service boosted its rating to Aa2 from Aa3 on the new issue and the system's outstanding debt. Anchored by an international clinical reputation and dominant market position in northeast Ohio, CCHS is strengthened by a strong operating performance and liquidity, Moody's said in its report on the upgrade.

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