Moody’s affirms Shenandoah Medical Center’s ‘MIG 2’ rating

Moody’s Investors Service affirmed the “MIG 2” rating on Shenandoah (Iowa) Medical Center’s series 2015 bonds.

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The rating reflects a commitment from the U.S. Department of Agriculture, Rural Development to provide a direct loan to pay the bonds after Shenandoah completes a project.

The rating doesn’t carry an outlook.

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