Moody's assigns 'MIG1' rating to South Central Regional Medical Center's notes

Moody's Investors Service assigned a "MIG1" rating to Laurel, Miss.-based South Central Regional Medical Center's proposed $58 million of series 2017 hospital revenue notes.

The rating reflects Moody's Investors Services' expectation the medical center will successfully pay the notes at or prior to their maturity on March 1, 2020, to receive the direct loan provided by the U.S. Department of Agriculture, Rural Development.

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