Cullman Regional is excited to announce Moody’s Investors Service has upgraded Cullman Regional (CRMC) revenue bonds issued through the Health Care Authority of Cullman County to Baa3 from Ba1. The upgrade to Baa3 affects approximately $59 million of debt. The outlook remains stable at the higher rating level.
“We are proud to receive this upgrade from Moody’s,” said Nesha Donaldson, Cullman Regional Chief Financial Officer. “These ratings further affirm the positive future of healthcare for our community.”
See the full press release by clicking here.