Standard&Poor's Ratings Services raised its long-term rating and underlying rating (SPUR) to 'A' from 'A-' on the Illinois Finance Authority's series 2008A and 2008B fixed-rate bonds issued for Ann&Robert H. Lurie Children's Hospital of Chicago (Lurie Children's, formerly Children's Memorial Hospital). Assured Guaranty Ltd. insures the series 2008A bonds. Children's Hospital of Chicago Medical Center (CHCMC) is the parent organization for the overall system. Standard&Poor's also withdrew its ratings on the series 2008C and 2008D variable-rate demand bonds, as the bonds were fully redeemed on Jan. 29, 2014. The rating action reflects our view of Lurie Children's completion and successful transition to its new location in the Streeterville neighborhood, strong unrestricted reserves that we
