Moody’s affirms ‘A3’ rating for Calvert Health System

Moody’s Investor Service affirmed its”A3″ rating for Prince Frederick, Md.-based Calvert Health System’s Series 2013 bonds, affecting $30.43 million of outstanding debt.

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The rating reflects Moody’s expectation that Calvert Health’s financial performance will continue to strengthen and that its liquidity levels will provide a cushion for financial leverage.

Moody’s revised Calvert’s rating outlook from negative to stable.

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