Standard&Poor's Ratings Services assigned its 'A+' long-term rating and 'A+' underlying ratings (SPURs) to Indiana Finance Authority's $487.460 million series 2009A, 2009B, 2009C and 2009D bonds, issued for Parkview Health System Obligated Group. At the same time, Standard&Poor's affirmed its 'A+' rating on the authority's previously issued debt for the group. The rating reflects: Strong levels of liquidity on a days' cash-on-hand basis and a good level relative to pro forma debt; Good pro forma maximum annual debt service coverage of 2.5x as of May 31, 2009; and An increasingly competitive market, which has led Parkview Health System to strategically realign the location of its main facility and spend significant capital dollars. The series 2009 bonds
