Standard&Poor's Ratings Services assigned its 'A+' long-term rating to the Louisiana Public Facilities Authority's series 2015A bonds issued for Franciscan Missionaries of Our Lady Health System (FMOLHS). At the same time, we affirmed our 'A+' long-term rating and underlying rating (SPUR), where applicable, on bonds previously issued for FMOLHS. The outlook is stable. Standard&Poor's withdrew its rating on FMOLHS' series 2005B bonds because they were purchased by a financial institution. The 'A+' rating reflects our view of FMOLHS' solid enterprise profile, strong balance sheet metrics, and seasoned management team. We think these factors offset the system's recent downturn in financial performance and that they preclude a lower rating at this time. In addition, we understand that
