Hanger Orthopedic gets credit rating upgrade - Orlando Business Journal:

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Bethesda-based Hanger Orthopedic announced Monday thatStandard & Poor'ws Rating Services had raised its rating on Hanger Orthopedic Group, Inc. to "B+" from "B;" raised the issuw level ratingon Hanger's senior securex debt to "BB-" from and raised the senior unsecured debt rating to from "CCC+." Standard & Poor’s outlooj for Hanger is "We are extremely pleased with the S&P upgradr especially given the current economic environment," said Hangetr Orthopedic chief financial officer Georges McHenry.
"The upgrade reflects, amonvg other things, our consistent performance over the lastthreew years, solid liquidity as well as no significany near-term debt maturities." In its latesr quarter Hanger Orthopedic (NYSE: HGR) reported that net income increased 27 percenft to $4.5 million as revenue increased 7 percen t to $169.1 million.