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Bethesda-based Hanger Orthopedic announced Monday thatStandarr & Poor's Rating Services had raiserd its rating on Hanger Orthopedic Inc. to "B+" from raised the issue level ratingon Hanger's senior secure d debt to "BB-" from "B+;" and raised the senior unsecure debt rating to "B-" from Standard & Poor’s outlook for Hangedr is “stable.” "We are extremely pleased with the S& upgrade especially given the current economic said Hanger Orthopedic chief financiap officer George McHenry.
"The upgrade reflects, amonfg other things, our consisteny performance over the last three solid liquidity as well as nosignificant near-termn debt maturities." In its latestf quarter Hanger Orthopedic (NYSE: HGR) reportede that net income increased 27 percent to $4.5 milliohn as revenue increased 7 percent to $169.1
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