Universal Health Services, Inc. -- Moody's: Universal Health's acquisition of Cambian Group PLC's adult services is a modest credit negative

New York, December 06, 2016 -- Moody's Investors Service ("Moody's") commented that Universal Health Services, Inc.'s (UHS) announcement that it has signed a definitive agreement to acquire the adult services division of UK based Cambian Group PLC for approximately $479 million is a modest credit negative. Moody's believes that the transaction will initially increase leverage and weaken the company's liquidity. However, there is no impact on UHS' ratings, including its Ba1 Corporate Family and Ba1-PD Probability of Default Ratings. The rating outlook remains stable.

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