Moody's changes AdaptHealth's view to negative

Moody's Investors Service said it confirmed AdaptHealth, LLC's corporate family rating at Ba3, the probability of default rating at Ba3-PD and the company's senior unsecured note rating at B1.

The speculative grade liquidity rating is unchanged at SGL-1.

The outlook is negative.

The confirmation of AdaptHealth's ratings reflects Moody's expectations that the company's credit metrics will improve following the acquisition of AeroCare Holdings, Inc. in January for a total purchase price of approximately $2 billion.

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