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Fitch also assigns a 'BBB+' Issuer Default Rating (IDR) to LGHS. The Rating Outlook is Stable.
LGHS' long-term debt has increased by 87% since 2012, as over this time LGHS renovated its main campus and acquired and invested in Lafayette General Southwest (LGSW).
The mainstay of the school's solution to this challenge is Liebert Corp.'s Little Glass House (LGH), an integrated solution to computer network support and systems availability problems.
The OG comprises the vast majority of assets and revenues of the parent corporation, LGHS. Fitch's analysis is based on the consolidated performance of LGHS.