Moody's Investors Service assigned a "Ba2" rating to Worcester, Mass.-based Reliant Medical Group's proposed $142 million of series 2017 bonds.
The rating assignment is based on a variety of factors, including the medical group's size and scale as a nonprofit, multispecialty medical group practice and strong coverage capabilities within its primary service areas.
The outlook is stable, reflecting Moody's Investors Service's expectation the medical group will meet projections, maintain model margins and slowly build its liquidity.