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Fitch Raises Nationwide Health Properties Ratings

Stock quotes in this article: NHP  

NEW YORK (AP) — Fitch Ratings on Thursday raised its ratings on Nationwide Health Properties Inc., citing an improvement in the health care real estate investment trust's debt service coverage ratios.

Fitch raised Nationwide Health's issuer default, unsecured bank credit facility and senior unsecured notes to "BBB" from "BBB-."

The firm also upgraded the company's preferred stock to "BBB-" from "BB." ...

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