Moody's Investors Service assigned its "A3" rating to North Charleston, S.C.-based CareAlliance Health Service's $70 million series 2016B bonds that were sold at face value in November 2016. The bonds will mature in 2041.
Moody's also affirmed its "A3" rating on CareAlliance Health Service's $100 million of outstanding debt.
The affirmation was based on Moody's nonprofit rating methodology.