Moody's Investors Service assigned a "Baa2" rating to Children's Hospital Los Angeles' $52.2 million of series 2017B revenue refunding bonds.
The ratings assignment is based on a number of factors, including CHLA's strong brand name and reputation for clinical and research excellence.
The outlook is stable, reflecting Moody's Investors Service's expectation CHLA's cash flow will grow during the next several years as the organization implements its performance improvement plans.