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Municipal Bond Credit Report: Pending union with UM Health fails to spare Sparrow Health from downgrade - Website Lift Off

Website Lift Off

Municipal Bond Credit Report: Pending union with UM Health fails to spare Sparrow Health from downgrade

Geoff Weitzel
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Municipal Bond Credit Report: University of Michigan Health’s pending acquisition of Sparrow Health — which brings an infusion of $800 million in financial support but not a backing on debt — fell short of staving off a downgrade due to Sparrow’s battered balance sheet… Link to Story

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