Moody's assigns 'A3' rating to Wyoming Medical Center's bonds

Moody's Investors Service assigned its "A3" rating to Casper-based Wyoming Medical Center's proposed $12.3 million series 2017 hospital revenue refunding bonds issued by Natrona County, Wyoming. The bonds will mature in 2031.

The rating assignment is based on several factors, including the medical center's favorable market position, vast variety of services and light leverage levels as a result of conservative debt management.

The outlook is stable, which reflects Moody's expectation that the hospital will have  stable operating performance driven by its strong market position and proper debt service coverage.

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