(Source: Fitch Inc) 18 Mar 2016 2:58 PM EST Fitch Ratings-New York-18 March 2016: Fitch Ratings has affirmed Tenet Healthcare Corp.'s (Tenet) ratings, including the long-term Issuer Default Rating (IDR) at 'B'. A complete list of ratings follows at the end of this release. The ratings apply to approximately $14.8 billion of debt at Dec. 31, 2015. The Rating Outlook is revised to Stable from Negative. KEY RATING DRIVERS -- Tenet's ratings are constrained by the company's high leverage and weak cash generation; progress in reducing leverage since the acquisitions of Vanguard Health Systems (Vanguard) and 50.1% ownership of United Surgical Partners International (USPI) has been slow. --...
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