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Moody's Investors Service ("Moody's") upgraded Gentiva Health Services, Inc.'s (dba Kindred at Home, or KAH) Corporate Family Rating (CFR) to B1 from B2 and Probability of Default Rating (PDR) to B1-PD from B2-PD. Moody's also affirmed the B1 on the first lien senior secured credit facilities, inclusive of the proposed add-on term loan.
Moody's Investors Service ("Moody's") affirmed Netsmart, Inc.'s ("Netsmart") B3 Corporate Family Rating ("CFR") and B3-PD Probability of Default Rating ("PDR"). Netsmart's Corporate Family Rating ("CFR") is weakly positioned in the B3 category, reflecting its high leverage above 8.0x as of FYE December 31, 2018 (Moody's adjusted including capitalized software as an expense).
Riding high on Kindred Healthcare acquisition and a recent rating affirmation, Humana's (HUM) shares reach a 52-week high on July 6.
Moody's Investors Service has affirmed Methodist Hospitals of Dallas d/b/a Methodist Health System's (TX) (MHS) Aa3 rating. For provisional ratings, this announcement provides certain regulatory disclosures in relation to the provisional rating assigned, and in relation to a definitive rating that may be assigned subsequent to the final issuance of the debt, in each case where the transaction structure and terms have not changed prior to the assignment of the definitive rating in a manner that would have affected the rating.
NEW YORK , June 27, 2018 /PRNewswire/ -- Heritage Financial Corp. (NASD:HFWA) will replace Kindred Healthcare Inc. (NYSE:KND) in the S&P SmallCap 600 effective prior to the open of trading on Monday, July ...
Kindred Healthcare Inc (NYSE:KND) is a small-cap stock with a market capitalization of US$816.78m. While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, theyRead More...