We are proud to announce another great indicator of Milwaukee Catholic Home’s financial strength: Fitch Ratings has affirmed the ‘A-‘ rating on the organization’s fixed rate bonds.
Fitch identified our solid operating performance, strong revenue-only coverage of maximum annual debt service, and sound liquidity as key drivers behind the decision to affirm this rating.
An ‘A-‘ rating puts us in the top tier of retirement communities across the nation in terms of our fiscal health and stability. MCH is one of only two CCRC issuers in the state of Wisconsin with an ‘A-’ rating or above, and one of only sixteen nation-wide.
Congratulations to our CFO, Rohini Desai, and her team on this success!
Click the link below to read the official press release from Fitch: