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Moody's could cut HealthCare Partners
Moody's Investors Service said it placed the Ba2 corporate family and probability of default ratings of HealthCare Partners LLC, Inc. under review for downgrade.
Moody's also placed the Ba1 ratings on HealthCare's senior secured credit facilities under review for downgrade.
Moody's said the action was prompted by the announcement that HealthCare agreed to be purchased by DaVita Inc. for roughly $4.4 billion resulting in a higher debt leverage.
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