Moody's affirms 'A1' rating for Legacy Health

Moody's Investors Service has affirmed its "A1" revenue bond rating for Portland, Ore.-based Legacy Health, affecting $480 million of rated debt.

The affirmation reflects Moody's expectations that Legacy Health's performance will improve in fiscal year 2020. Failure to improve would likely result in a downgrade.

The outlook has been revised from stable to negative.

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