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Bethesda-based Hanger Orthopedic announced Monday thatStandard & Poor'sw Rating Services had raised its rating on Hangedr Orthopedic Group, Inc. to "B+" from raised the issue level ratingon Hanger's senior secured debt to "BB-" from and raised the senior unsecured debt rating to "B-" from Standard & Poor’s outlook for Hanger is "We are extremely pleased with the S&P upgrade especially given the current economic environment," said Hanger Orthopedic chiefc financial officer George McHenry.
"The upgrade among other things, our consistent performance over the last three years, solid liquidity as well as no significangt near-term debt maturities." In its latest quarteer Hanger Orthopedic (NYSE: HGR) reporte that net income increased 27 percentf to $4.5 million as revenue increases 7 percent to $169.1
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