Moody's assigns 'A3' rating to Monroe Clinic's bonds

Moody's Investors Service has assigned an "A3" rating to Monroe (Wis.) Clinic's proposed $45 million of series 2016 revenue bonds.

Moody's also affirmed the "A3" rating on Monroe Clinic's series 2009 bonds, affecting $43.3 million of debt.

The rating assignment and affirmation reflect Monroe Clinic's trend of stable operating performance, continued growth in liquidity and leading market share.

The outlook is stable.

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