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Published on 3/2/2011 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

Moody's: HealthSouth unchanged

Moody's Investors Service said that the ratings and outlook of HealthSouth Corp. are unaffected by the announcement that the company would offer $100 million of notes due 2018 and 2022 as an add-on to the $275 million of notes due 2018 and $250 million of notes due 2022. Moody's rates HealthSouth's senior notes B2.

HealthSouth's corporate family and probability of default ratings remain B1 and the outlook remains stable, the agency added.

Moody's last rating on HealthSouth was on Sept. 28 when the company's corporate family and probability of default ratings were upgraded to B1 from B2, the agency said.


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