NEW YORK (Standard&Poor's) Sept. 2, 2004--Standard&Poor's Ratings Services removed its 'AA-/A-1+' ratings on three Citizens Bank of Rhode Island letter of credit-backed issues (see list below) from CreditWatch with negative implications where they were placed on May 5, 2004. This action follows Standard&Poor's Sept.1, 2004, removal of Citizens Bank of Rhode Island from CreditWatch with negative implications. Issue Description Connecticut Hlth&Educl Facs Auth var rate rev bnds (Univ of Hartford) ser F Rhode Island Hlth&Ed Bldg Corp hosp Fing rev bnds ser 2003 B and C Connecticut Hlth&Ed Fac Auth var rate dem bnds ser A (Forman Sch)
