Hanger Orthopedic Group Inc., Bethesda, Maryland, has received
an upgrade in all its ratings from Moody’s Investors Service, based
in New York, New York, Hanger announced April 30. The Corporate
Family Rating was upgraded to B2 from B3, the senior secured debt
was upgraded to Ba3 from B1, and the subordinated notes were
upgraded to Caa1 from Caa2. Moody’s also maintained its ratings
outlook for Hanger at stable.
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