NEW YORK (Standard&Poor's) June 11, 2013--Standard&Poor's Ratings Services today affirmed its 'AA-/A-1+' ratings on Iowa Finance Authority's variable-rate demand revenue bonds series 2006 and retirement community revenue bonds series 2003B (both for the Wesley Retirement Services Inc. project), following our review of the documents related to the expected replacement of the letters of credit (LOCs) that Wells Fargo Bank N.A. ('AA-/A-1+') currently provides with new LOCs from Bank of America N.A. ('A/A-1'). The long- and short-term components of our ratings currently reflect our long- and short-term issuer credit ratings on Wells Fargo Bank N.A. As of the LOC replacement date (currently July 11, 2013), the long- and short-term components of our ratings will reflect our long-
