Fitch affirms 'B' rating for Tenet

Fitch Ratings affirmed a "B" rating for Dallas-based Tenet Healthcare, affecting $15.4 billion in debt.

Fitch issued the affirmation as a result of Tenet's favorable operating profile, its recently announced restructuring plans and its acquisition of United Surgical Partners International.

Fitch warned about regulatory uncertainty, Tenet's weak cash flow and high leverage.

The outlook is stable.

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