Moody's alters Meinian Onehealth view to stable

Moody's Investors Service said it changed Meinian Onehealth Healthcare Holdings Co., Ltd.'s outlook to stable from negative and affirmed Meinian's B2 corporate family rating.

"The affirmation and stable outlook reflect Meinian Onehealth's recovering operating performance, which will improve its credit metrics and liquidity profile over the next 12-18 months," said Shawn Xiong, a Moody's assistant vice president and analyst, in a press release.

"At the same time, refinancing risk has reduced with the company's repayment of its $200 million senior unsecured notes due in April," added Xiong.

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