Moody's assigns 'Baa1' rating to Norman Regional Hospital Authority's bonds

Moody's Investors Service has assigned a "Baa1" rating to Norman (Okla.) Regional Hospital Authority's proposed series 2016 and series 2017 bonds, affecting $166 million.

Moody's also upgraded NRHA's parity debt rating to "Baa1," reflecting the system's continued improvement in operating performance and strong market position.

The outlook is stable, reflecting Moody's Investors Service's expectation that NRHA will maintain favorable operating performance, grow balance sheet reserves and maintain its solid market position.

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