OREANDA-NEWS. Fitch Ratings has withdrawn the 'A+' rating on the following bond issue on behalf of Baystate Medical Center:

--\$20.05 million of Massachusetts Health and Educational Facilities Authority Revenue Bonds series
K-1 (2009).

The rating withdrawal is based on the conversion of the bonds from a long-term interest rate mode to a daily interest rate mode with the support of a letter of credit. Fitch was not asked to rate the bonds upon the conversion to a floating rate mode that is now supported by a bank credit facility. Fitch maintains an 'A+' rating on Baystate Medical Center's parity long-term debt.