NEW YORK (Standard&Poor's) Sept. 14, 2007--Standard&Poor's Ratings Services lowered its long-term rating to 'A+' from 'AA-' on most debt obligations issued for the Johns Hopkins Hospital, Md.'s obligated group (JHH), which comprises the Johns Hopkins Hospital and Johns Hopkins Bayview Medical Center. The outlook is stable. In addition, Standard&Poor's lowered its rating to 'A' from 'A+' on JHH's series A lease revenue bonds and Standard&Poor's also lowered its short-term rating to 'A-1' from 'A-1+' on the Maryland Health and Higher Educational Facilities Authority's $60 million series C pooled loan CP program, based on a bank liquidity facility from Sun Trust Bank for principal repayment and the JHH obligated group for interest payment.
