Moody's assigns 'Aa2' rating to Nationwide Children's Hospital's bonds

Moody's Investors Service assigned an "Aa2" rating to Columbus, Ohio-based Nationwide Children's Hospital's proposed $122 million of series 2016C bonds.

The rating assignment is based on several factors, including NCH's dominant and growing market position, strong cash flow margins and solid revenue growth.

Moody's also affirmed the "Aa2" and "Aa2/VMIG 1" ratings on NCH's outstanding debt.

The outlook is stable, reflecting Moody's Investors Service's expectation that margins will remain relatively consistent with those in years prior.

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