AMI Rating Lowered: Moody’s Investors Service has...
AMI Rating Lowered: Moody’s Investors Service has lowered American Medical International’s credit rating in the light of an expected buyout of the firm by a group headed by Chicago’s Pritzker family. Moody’s lowered the rating on AMI debt issues from BAA2, a low-level investment grade, to the speculative grade of BA3. Moody’s said the ratings reflect anticipation of a leveraged buyout of the Beverly Hills-based hospital management firm.
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