CHICAGO — Two rating agencies delivered good news to Rochester, Minn.-based Mayo Clinic this week in recognition of its fitter financial profile, including improved investment returns and revisions to its defined pension plan that lowered its liabilities.

Moody's Investors Service affirmed its Aa2 rating on $1.7 billion of outstanding debt and revised its outlook to stable from negative while Standard & Poor's affirmed its AA-minus and revised its outlook to positive from stable. The actions followed reviews on the clinic's reoffering of $130 million of its 2008 bonds that are being converted to a fixed-rate mode from a one-year term mode.

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