Fitch Ratings assigned a AA-minus rating Wednesday to a planned $355 million bond issuance on behalf of Sacramento-based Sutter Health, which owns, leases and-or operates 31 hospitals.

The California Statewide Communities Development Authority will issue $37 million of debt and the California Health Facilities Financing Authority will issue $318 million of fixed-rate revenue bonds to be sold via negotiation the week of Dec. 5, according to the rating report.

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