Moody’s Investors Service has pushed Keokuk Area Hospital’s rating on $5.4 million of debt further into junk bond territory due to its weak operating performance.

The agency lowered the rating to Caa2 from B3 and said the outlook remains negative.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.