Financial Management

Moody’s assigns ‘A2’ rating to Palomar Health’s GO refunding bonds

Moody’s Investors Service has assigned an “A2” rating to Escondido, Calif.-based Palomar Health’s series 2016A and 2016B general obligation refunding bonds expected to be issued for $50 million and $160 million, respectively.

By: Staff

Wednesday, September 21st, 2016

The “A2” rating assignment is based on several factors, including Palomar Health’s ongoing growth in assessed valuation and improved financial operations.

The outlook is stable, reflecting Palomar Health’s improved operating performance and liquidity levels.

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