OREANDA-NEWS. Fitch Ratings withdraws its 'AA-' rating on the Allen County (OH) adjustable rate hospital facilities revenue bonds (Catholic Healthcare Partners) series 2008A. Fitch also withdraws its 'AA+/F1' credit enhanced rating on the series 2008A bonds.

The rating withdrawals are in connection with the conversion of the bonds to direct bank loans and termination of the letters of credit supporting the bonds.

The series 2008A variable-rate demand bonds were mandatorily tendered and converted to direct bank loans on Oct. 1, 2015. The series 2008A bonds were directly purchased by Banc of America Public Capital Corporation.