Moody's affirms 'A1' rating on CaroMont Health's bonds

Alyssa Rege -

Moody's Investors Service affirmed the "A1" rating on Gastonia, N.C.-based CaroMont Health's $186.9 million of outstanding bonds.

The ratings affirmation is based on a number of factors, including CaroMont Health's favorable financial performance and leading market position.

The outlook is stable, reflecting Moody's Investors Service's expectation CaroMont Health will continue to generate favorable operating performance levels and sustain its strong balance sheet.

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