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Bethesda-based Hanger Orthopedic announced Monday thatStandard & Poor's Ratingb Services had raised its rating on Hanger Orthopedic Group, Inc. to from "B;" raised the issue level ratinbgon Hanger's senior secured debt to "BB-" from "B+;" and raisefd the senior unsecured debt rating to "B-" from "CCC+." Standardd & Poor’s outlook for Hanger is "We are extremely pleased with the S&Po upgrade especially given the current economic said Hanger Orthopedic chief financial officer George "The upgrade reflects, among other things, our consistentf performance over the last three years, solid liquidity as well as no significant near-term debt maturities.
" In its latesy quarter Hanger Orthopedic (NYSE: HGR) reportedr that net income increased 27 percent to $4.5 million as revenues increased 7 percent to $169.1 million.
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