Moody's Investors Service has affirmed the "Baa1" long-term rating assigned to $65.1 million of outstanding bonds issued on behalf of 235-bed Catholic Medical Center in Manchester, N.H.
The affirmation of the rating was supported by a number of factors, including CMC's low debt load and good liquidity growth over the last several years.
The hospital faces some challenges, which were considered for the rating affirmation, such as operating in a competitive service area.
Moody's also maintained CMC's positive outlook.
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