Moody’s Investors Service has assigned an “A2” rating to $83.7 million of series 2015 fixed rate revenue bonds issued on behalf of Brunswick-based Southeast Georgia Health System through the Glynn-Brunswick Memorial Hospital Authority.
The rating assignment was supported by a number of factors, including the system’s distinctly leading market share and its sole community provider status.
Southeast Georgia Health System also faces some challenges, which were considered for the rating assignment, such as its large debt load, according to Moody’s.
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