Moody's Investors Service has assigned an "A1" rating to Aurora-based Children's Hospital Colorado's proposed $242 million of series 2016A, 2016B and 2016C bonds.
The rating affirmation is based on several factors, including CHCO's continued strong operating performance, nationally ranked clinical offerings and favorable market position.
The outlook is stable, reflecting Moody's Investors Service's expectation that cash flow and cash balances will continue to grow at a rate sufficient to absorb CHCO's very high level of leverage.