Moody’s affirms Morgan County Hospital Authority’s ‘MIG 3’

Moody’s Investors Service has affirmed its “MIG 3” rating for Morgan County (Ga.) Hospital Authority.

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The affirmation reflects a commitment from the U.S. Department of Agriculture, rural development, to provide a direct loan upon substantial completion of the hospital’s intent to pay the Series 2017 notes at or prior to maturity.

Short-term MIG ratings do not carry outlooks.

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