New York, March 24, 2015 -- Moody's Investors Service downgraded Hanger, Inc.'s ("Hanger") Corporate Family Rating to B1 from Ba3 and Probability of Default Rating to B1-PD from Ba3-PD. Concurrently, Moody's downgraded Hanger's senior unsecured notes to B3 from B1. In addition, the Speculative Grade Liquidity Rating was downgraded to SGL-4 from SGL-2. The ratings remain under review for further downgrade.
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