OREANDA-NEWS. S&P Global Ratings today affirmed its 'B-' corporate credit rating on Genesis Healthcare Inc. after the company repaid all of its rated debt on July 29, 2016, with a new unrated credit facility. The outlook is stable.

We subsequently withdrew the 'B-' corporate credit rating on Genesis Healthcare at the issuer's request, following the repayment of the rated debt.

In addition, we withdrew the 'B' issue-level and '2' recovery ratings on the company's senior secured debt.