Congratulations to Bishop Gadsden on retaining our BBB bond rating from Fitch, a global leader in financial information services with operations in more than 30 countries. Bishop Gadsden’s BBB rating reaffirms our good credit quality and indicates that expectations of default risk are currently low. The capacity for payment of financial commitments is considered adequate but adverse business or economic conditions are more likely to impair this capacity. There are currently 1,900 CCRC communities throughout the United States; only 380 are Fitch rated with a BBB rating.
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