Standard & Poor’s last week lowered its rating on the Nevada Regional Medical Center into junk bond territory due to ongoing strains on the balance sheet.

The agency knocked $21.7 million of bonds down to BB-plus from BBB-minus. The medical center serves a rural region in west central Missouri.

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.