The outlook revision reflects Moody’s Investors Service’s expectation that Bronson will continue to generate favorable operating margins with its expanding market position.
Moody’s also assigned an “A2” rating to BHG’s $109.4 million of proposed series 2016 bonds and affirmed the “A2” rating on BHG’s outstanding rated debt.
The rating assignment and affirmation incorporate BHG’s stable market position and restored operating performance in fiscal year 2015 and interim fiscal year 2016.
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