Moody's assigns 'Aa2' rating to Texas Health Resources' bonds

Moody's Investors Service has assigned an "Aa2" rating to Arlington-based Texas Health Resources' proposed $625 million of series 2016A bonds.

The rating assignment is based on a number of factors, including THR's strong financial performance, ample liquidity and competitive position in the Dallas-Fort Worth metroplex.

The outlook is stable, reflecting Moody's Investors Services' expectations that THR will maintain its financial performance, liquidity position and ability to execute plans on schedule.

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