Moody’s assigns ‘Baa1’ rating to Kimble County Hospital District’s bonds

Moody’s Investors Service assigned an initial “Baa1” rating to Junction, Texas-based Kimble County Hospital District’s series 2016 bonds.

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The rating assignment is based on several factors, including the district’s stable tax base and positive operating history.

The outlook is stable, reflecting Moody’s Investors Service’s expectation that the district will maintain a stable financial position.

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