New York, May 16, 2013 -- Moody's Investors Service today upgraded Hanger, Inc.'s ("Hanger") Corporate Family Rating to Ba3 from B1 and its Probability of Default Rating to Ba3-PD from B1-PD. Concurrently, Moody's upgraded the company's existing $392 million senior secured credit facilities rating to Ba1 from Ba2. In addition, $200 million of Hanger's senior unsecured notes were raised to B1 from B3. The outlook is stable.

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