21.11.2016 19:29:00
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CHS/Community Health Systems, Inc. -- Moody's changes Community Health's outlook to negative; B2 CFR affirmed; SGL rating downgraded to SGL-3
New York, November 21, 2016 -- Moody's Investors Service, ("Moody's") today changed CHS/Community Health Systems, Inc.'s rating outlook to negative from developing. Moody's also downgraded Community's Speculative Grade Liquidity rating to SGL-3 from SGL-2. Moody's affirmed Community's Corporate Family and Probability of Default Ratings at B2 and B2-PD, respectively. The Ba3 ratings on the company's senior secured bank debt and senior secured bonds and Caa1 rating on its unsecured notes were also affirmed.