Hanger Orthopedic gets credit rating upgrade - Charlotte Business Journal:

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Bethesda-based Hanger Orthopedic announced Monday thatStandarsd & Poor's Rating Services had raised its ratin g on Hanger Orthopedic Group, Inc. to "B+" from raised the issue level ratington Hanger's senior secured debt to from "B+;" and raised the senior unsecuredx debt rating to "B-" from "CCC+." Standard Poor’s outlook for Hanger is “stable.” "W are extremely pleased with the S&P upgrade especially giveh the current economic environment," said Hanger Orthopediv chief financial officer George McHenry.
"Thd upgrade reflects, among other things, our consistent performance over the lastthree years, solid liquidity as well as no significan t near-term debt maturities." In its latest quarter Hanger Orthopedixc (NYSE: HGR) reported that net income increasex 27 percent to $4.5 million as revenue increasecd 7 percent to $169.1