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Hanger, Inc.: Update followings ratings review for downgrade

Our credit view of this issuer reflects the stable demand for the company's products and services, constrained by reimbursement risk and payor concentration risk.

Moody's places Hanger's ratings on review for downgrade on proposed ac...

Moody's Investors Service ("Moody's") placed the ratings of Hanger, Inc. ("Hanger") on review for downgrade. Ratings on review include the B1 Corporate Family Rating (CFR), B1-PD Probability of Default Rating (PDR), and the B1 rating on the first lien senior secured credit facilities. There is no ac...

Hanger, Inc.: Update to credit analysis following positive outlook

Our credit view of this issuer reflects the stable demand for the company's products and services, offset by the company's payor risk concentration and moderate financial leverage.

Moody's affirms Hanger, Inc.'s B1 Corporate Family rating, changes the...

Rating Action: Moody's affirms Hanger, Inc.' s B1 Corporate Family rating, changes the outlook to positive. Global Credit Research- 08 Feb 2022. New York, February 08, 2022-- Moody's Investors Service affirmed Hanger, Inc.' s B1 Corporate Family Rating, B1-PD Probability of Default Rating, and B1 ratings of the company's senior secured first lien revolving credit facility and term loan.

Moody's announces completion of a periodic review of ratings of Hanger...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Hanger, Inc.. Global Credit Research- 07 Dec 2021. New York, December 07, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Hanger, Inc. and other ratings that are associated with the same analytical unit.

Hanger, Inc.: Discussion of Key Credit Factors

Our credit view of Hanger, reflecting stable demand for the company's products and services, against payor risk concentration and moderately high financial leverage.

Moody's announces completion of a periodic review of ratings of Hanger...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Hanger, Inc.. Global Credit Research- 14 Jan 2021. New York, January 14, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Hanger, Inc. and other ratings that are associated with the same analytical unit.

Hanger, Inc.: Discussion of Key Credit Factors

Hanger will operate with moderately high financial leverage over the next 12-18 months but its credit profile is supported from its good scale and national footprint.

Moody's announces completion of a periodic review of ratings of Hanger...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Hanger, Inc.. Global Credit Research- 12 Feb 2020. New York, February 12, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Hanger, Inc. and other ratings that are associated with the same analytical unit.

Hanger, Inc.: Discussion of Key Credit Factors

Hanger will operate with moderately high financial leverage as it continues to remediate material weaknesses in its internal controls over the next 12-18 months.

Hanger, Inc.: New issuer - Highly specialized operations and financial...

Hanger will operate with moderately high financial leverage as it continues to remediate material weaknesses in its internal controls over the next 12-18 months.

Moody's assigns B1 CFR to Hanger, Inc.; outlook stable

Moody's Investors Service (Moody's) announced that it assigned a B1 Corporate Family Rating and B1-PD Probability of Default Rating to Hanger, Inc. ("Hanger"). The rating agency assigned instrument ratings of B1 to Hanger's new senior secured first lien revolving credit facility and te...

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