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Moody's: HCA unchanged
Moody's Investors Service commented that the completion of the initial public offering by HCA Holdings, Inc. has no immediate impact on the company's B2 corporate family rating.
The outlook remains positive.
While Moody's said it believes that the completion of the IPO is a credit positive since proceeds are expected to be used to repay outstanding debt, the estimated $2.6 billion of proceeds to the company won't meaningfully reduce its $28.2 billion debt load.
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