Moody’s affirms King’s Daughters’ Health’s ‘Baa2’ rating

Moody’s Investors Service has affirmed the “Baa2” rating on Madison, Ind.-based King’s Daughters’ Health’s $100 million of series 2010 fixed rate bonds.

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The rating affirmation is based on several factors, including KDH’s maintenance of a leading market position in a broad service area, strong financial performance and growing liquidity position.

The outlook is stable, reflecting Moody’s Investors Service’s expectation that KDH will continue to generate strong operating performance.

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