Moody's assigns 'A3' rating to Houston Healthcare's bonds

Moody's Investors Service assigned an "A3" rating to Warner Robins, Ga.-based Houston Healthcare's $16 million of series 2016A and $57 million of series 2016B bonds.

The rating affirmation is based on several factors, including HHC's position as the only acute care provider in Houston County, leading market share and low leverage.

The outlook is stable, reflecting Moody's Investors Service's expectation that HHC will continue to maintain its low leverage levels.

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