Moody's assigns 'Aa1/VMIG 1' to IHC Health Services' bonds

Moody's Investors Service has assigned an "Aa1/VMIG 1" rating to Salt Lake City-based IHC Health Services' series 2016C, 2016D and 2016E bonds, affecting a total of $200 million.

The rating assignment is based on a number of factors, including IHC's strong and leading market position throughout Utah.

The outlook is negative, reflecting factors such as IHC's rising expenses for pension, IT and bad debt.

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars