Moody’s assigns ‘A1’ rating to Medical University of South Carolina’s bonds

Moody’s Investors Service assigned an “A1” rating to Charleston-based Medical University of South Carolina’s proposed $24 million of series 2017 revenue refunding bonds.

Advertisement

 

The ratings assignment is based on a number of factors, including the university’s role as a public academic medical center with strong student demand, ongoing support from the state and stable operating performance.

 

The ratings agency also affirmed the “A1” rating on the university’s approximately $27 million of series 2006 bonds.

 

The outlook is stable, reflecting Moody’s Investors Service’s expectation MUSC and its patient care enterprise will maintain its sound market position and healthy operating performance.

More articles on healthcare finance:
12 recent hospital outlook and credit rating actions
Moody’s assigns ‘Baa1’ rating to Washington Township Health Care District’s bonds
Moody’s affirms ‘Aa3’ rating on Virginia Commonwealth University Health System’s bonds

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.