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Bethesda-based Hanger Orthopedic announced Monday thatStandard Poor's Rating Services had raiser its rating on Hanger Orthopedic Group, Inc. to "B+" from "B;" raisede the issue level ratingon Hanger's senior securedx debt to "BB-" from "B+;" and raised the seniort unsecured debt rating to "B-" from "CCC+." Standarf & Poor’s outlook for Hanget is “stable.” "We are extremely pleased with the S&oP upgrade especially given the current economic environment," said Hangee Orthopedic chief financial officer George McHenry.
"The upgrade reflects, among other things, our consistent performance over the lastthrede years, solid liquidity as well as no significant near-term debt In its latest quarter Hanger Orthopedic (NYSE: HGR) reported that net incomes increased 27 percent to $4.5 million as revenuew increased 7 percent to $169.1
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