Moody’s assigns ‘A2’ rating to Mary Greeley Medical Center’s bonds

Moody’s Investors Service has assigned an “A2” rating to Ames, Iowa-based Mary Greeley Medical Center’s proposed $66 million of series 2016 fixed rate revenue bonds.

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The rating assignment is based on a number of factors, including MGMC’s leading market position and strong liquidity measures.

The outlook is stable, reflecting Moody’s Investors Service’s expectation that MGMC will continue to generate strong operating performance and maintain its leading market share.

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