Moody's Investors Service said it has upgraded to Baa2 from Baa3 the bond rating assigned to Mercy Memorial Hospital Corporation Obligated Group's $44.7 million of outstanding Series 2006 Hospital Revenue and Refunding Bonds (fixed rate) issued by the county of Monroe, Mich., Hospital Finance Authority.

The rating outlook is revised to stable at the higher rating level.

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.