Moody's affirms Milford Regional Medical Center's bond rating

Moody's Investors Service has affirmed the "Baa3" rating on Milford (Mass.) Regional Medical Center's series 2007E and series 2014F bonds issued through the Massachusetts Development Finance Agency.

The rating affirmation was supported by a number of factors, including the hospital's stable market position, good liquidity and conservative debt structure.

Milford Regional Medical Center also faces some challenges, which were considered for the rating affirmation, such as undertaking a large capital project.

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