Moody’s affirms OhioHealth’s ‘Aa2’ rating

Moody’s Investors Service affirmed the “Aa2,” “Aa2/VMIG1” and “P-1” ratings on Columbus-based OhioHealth, affecting $1 billion of debt.

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The long-term affirmation is a result of several factors, including OhioHealth’s strong market position, consistently healthy cash flow margins, manageable debt load and solid investment position.

The short-term affirmation is based on OhioHealth’s capability to use internal liquidity to pay tenders and maturing commercial papers.  

The outlook is stable reflecting Moody’s expectation that OhioHealth’s solid operating cash flow margins, stable liquidity measures and strong market position will continue.

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