Kimball Farms has bond rating upgraded

Posted

LENOX — Fitch Ratings has upgraded the revenue bond rating for Berkshire Retirement Community, which does business as Kimball Farms Continuing Life Care Community, from 'A' to 'A+' with a stable outlook. Investors use the company's ratings as a guide to which investments will not default and subsequently yield a solid return. The upgrade to 'A+' from Fitch, an international credit rating agency, reflects Kimball Farms' continued liquidity growth and debt moderation, all of which compare favorably to Fitch's 'A' category medians. The detailed rating report can be found at www.fitchratings.com.

Advertisements

TALK TO US

If you'd like to leave a comment (or a tip or a question) about this story with the editors, please email us. We also welcome letters to the editor for publication; you can do that by filling out our letters form and submitting it to the newsroom.



Powered by Creative Circle Media Solutions